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Australia’s central bank left interest rates unchanged, reaffirming its willingness to tolerate slow inflation to avoid further stoking east coast property prices and household debt. Governor Philip Lowe and his board kept the cash rate at 1.5 percent Tuesday as forecast by 27 of 28 economists — one predicted a cut. In his statement, Lowe …
… and it was great! I only returned on the weekend from a wonderful 2 month family holiday in the USA. I won’t bore you with all the details but it included a 7 night Caribbean cruise, a month in Florida at theme parks and beach houses and a week in NYC. The best part? …
