RBA May Increase Interest Rates Once PMI Improves

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Aug. 2 (Bloomberg) -- Gavin Stacey, chief interest-rate strategist at Barclays Capital in Sydney, discusses the Reserve Bank of Australia's decision to leave its benchmark interest rate unchanged at 4.75 percent for an eighth straight meeting. He speaks with Linzie Janis on Bloomberg Television's "First Look." (Source: Bloomberg)

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