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For now, nevertheless, investors pared many of the speculation which the central lender will hike once again. Nowadays’s assertion didn't repeat the language with the Oct board Assembly that “some further more click this site tightening of financial policy might be essential”.

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“Now, the key driver of inflation in The latest data was petrol, but there are actually other inflationary pressures in our overall economy plus the Reserve Financial institution is responding to that.”

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