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Rate cut unlikely to be enough

Gareth Parker

The RBA are expected to hand down a further quarter of a per cent rate cut when they meet today, taking interest rates to 0.75% for the first time ever.

Money man Scott Phillips, Director of Motley Fool, told Steve and Baz the cut may not be enough to stimulate the economy and believes the Federal Government needs to do more.

 

 

 

 

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Gareth Parker
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