Bloomberg Originals
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ANZ's Morriss Says Further `Modest' RBA Easing Possible
Posted
May 1, 2012
Views
75
May 1, 2012
75
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3:55Now PlayingMay 1 (Bloomberg) -- Tony Morriss, head of interest-rate research at Australia & New Zealand Banking Group Ltd. in Sydney, talks about Australia's economy, central bank monetary policy, and the local currency.
The Reserve Bank of Australia cut its benchmark interest rate by half a percentage point as inflation pressures abate, delivering a bigger-than-forecast reduction that sent the local dollar and bond yields tumbling. Morriss speaks with Mark Barton on Bloomberg Television's "First Look." (Source: Bloomberg)
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