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Paul Bloxham: HSBC chief economist on the RBA moving to hold the OCR at 4.1 percent

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The Australian Reserve Bank has moved to hold the OCR steady at 4.1 percent following this afternoon's meeting. Interest rates started to drop in February - but the Central Bank opted to hold off on going further for the time being. HSBC chief economist Paul Bloxham explains what inspired the market to make this move. LISTEN ABOVESee omnystudio.com/listener for privacy information.