RBA Has `Room to Move,' Will Cut Rates Further

RBA Has `Room to Move,' Will Cut Rates Further Play

Sept. 4 (Bloomberg) -- Stephen Walters, JPMorgan Chase & Co.’s chief economist in Australia, talks about the nation's economy, central bank monetary policy, and the Sept. 7 federal election. Australia’s economy unexpectedly accelerated last quarter, providing a tailwind for the winner of the election and sending the nation’s currency higher. Walters speaks from Sydney with Rishaad Salamat on Bloomberg Television's "Asia Edge." (Source: Bloomberg)

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