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      <title>Statement by Glenn Stevens, Governor</title>
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      <description>At its meeting in May, the Board decided to leave the cash rate unchanged at 7.25%.&lt;br /&gt;&lt;br /&gt;Inflation in Australia has been high over the past year, with the CPI rising by a little over 4 per cent and underlying measures at a similar pace. Price rises were widespread, in an environment of limited capacity and earlier strong growth in demand.</description>
      <pubDate>Mon, 14 Apr 2008 13:40:00 +1000</pubDate>
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