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flag Reserve Bank of Australia expected to cut interest rates, boosting economy and lowering mortgage costs.

flag 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. flag This move is due to a slowing economy and easing inflation. flag 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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