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Home>Sluggish Australian Economy Set For Further Rate Cut

Sluggish Australian Economy Set For Further Rate Cut

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Wed, 4 Mar 2015

By James Glynn SYDNEY--Australia's economy grew too slowly in the fourth quarter of 2014 to prevent a further rise in unemployment in 2015, strengthening the case for a further cut in interest rates in coming months. The resource-rich economy grew by 0.5% in the fourth quarter from the previous
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