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Growing concerns about Deutsche Bank over the weekend followed the collapse of Silicon Valley Bank and compelled takeover of Credit Suisse. Treasurer Jim Chalmers mentioned the decision to keep the money fee on maintain would supply aid to many Australians but cost of residing pressures were nonetheless hurting households. "The choice to carry rates of interest steady this month supplies the board with more time to evaluate the state of the economic system and the outlook, in an setting of considerable uncertainty," he mentioned.
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