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More from RBA's Debelle: Lower rates impact through lower FX rate, debt payments
More from RBA's Debelle: Lower rates impact through lower FX rate, debt payments
Some economics 101 from the Reserve Bank of Australia Deputy governor
- Monetary policy working through many channels, having an impact
- lower rates have an effect through the exchange rate, lower debt payments
- says he is not worried about bank interest margins
- policy works with lages, need to give it more time
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