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Reserve Bank of Australia expected to cut interest rates, boosting economy and lowering mortgage costs.
Most economists predict the Reserve Bank of Australia will cut interest rates by 25 basis points next week, making it the third reduction this year.
This move is due to a slowing economy and easing inflation.
The rate cut could help boost consumer confidence and lower mortgage repayments, potentially saving homeowners thousands annually if banks pass on the reductions.
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El Banco de la Reserva de Australia esperaba recortar las tasas de interés, impulsar la economía y reducir los costos hipotecarios.