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Result? The RBA can leave low rates of interest as happens because the major banks will conduct its problem for them. That is, if cooling industry markets further and moderating consumer spending before the holidays are its aims. The interest paid on the debt is part of the government's investment. It can become excessive. If government debt is already high, to borrow more may undermine the government's credit-worthiness and mean inflation. Option is to cut government expenditure, causing hard knocks. Standard Chartered advanced a whole.2 percent to HK$218. HSBC
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