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10 cards from this deck
Interest rate on overnight loans between banks
Enable banks to settle payments with each other
0.25 percentage points below cash rate target
0.25 percentage points above cash rate target
RBA manages ES fund supply to keep cash rate at target
RBA raises cash rate target
RBA lowers cash rate target
Tools beyond main policy rate, used in extreme events
Process of policy changes flowing through economy
Lower rates reduce borrowing costs, boost spending
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