Australian rates won't fall to zero: RBA

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    RBA boss assures Australian rates won't fall to zero

    RBA governor Glenn Stevens says Australia is unlikely to follow other countries that have been forced to cut rates to zero.

    Just like the ECB proclaimed that the risk of deflation in Europe was remote, our own central bank believes the same too. But central bankers don't lead the economy, they follow it.

    I'm going against the RBA governor's forecast and betting on zero rates ahead (ie. holding 10-year bonds).
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