MNI RBA WATCH: Board's Dovish Turn Included Debate Of 50bp Cut

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May-20 07:55By: Daniel O'Leary
RBA

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The Reserve Bank of Australia board considered a 50-basis-point cut to the 4.1% cash rate before unanimously opting for a 25bp reduction, Governor Michele Bullock told reporters Tuesday, warning that a larger move may be warranted in future depending...