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From David Scutt at SMH: A growing body of evidence suggests interest rate cuts from the Reserve Bank of Australia may be draining confidence in the economy rather than boosting it. Key Purchasing Managers Index (PMI) figures released on Thursday showed a deterioration in Australian business conditions, impacted by what firms are describing as a … Continue reading ""http://static.incrediblecharts.com/images/2018/2019-08-23-flashpmi.png