Adrian Pagan

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Can we expect more interest rate cuts this year?

Interest rate cut: experts respond

Steve Keen, Western Sydney University and Adrian Pagan, University of Sydney

The Reserve Bank of Australia has cut the official cash interest rate by 25 basis points, from 4.75% to 4.5%, in a move matching most economists’ expectations. It was the first cut since April 2009. Westpac…

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