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In late 2019, economic conditions remained disappointingly weak. ABC News reported that the RBA was nearly out of ammunition to boost economic growth. The federal

In late 2019, economic conditions remained disappointingly weak. ABC News reported that the RBA was "nearly out of ammunition" to boost economic growth. The federal government must step in with its fiscal policy to reinvigorate economic growth.

Why the RBA's monetary policy was no longer effective (aka "out of ammunition") in late 2019.

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