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MNI BRIEF: RBA Minutes Point To April Pause

MNI (PERTH)
(MNI) Perth

The Reserve Bank of Australia will consider a pause at its April meeting, according to minutes of its March meeting released on Tuesday.

"Members agreed to reconsider the case for a pause at the following meeting, recognising that pausing would allow additional time to reassess the outlook for the economy. At what point it will be appropriate to pause will be determined by the data and the Board’s assessment of the outlook," the minutes said.

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The Reserve Bank of Australia will consider a pause at its April meeting, according to minutes of its March meeting released on Tuesday.

"Members agreed to reconsider the case for a pause at the following meeting, recognising that pausing would allow additional time to reassess the outlook for the economy. At what point it will be appropriate to pause will be determined by the data and the Board’s assessment of the outlook," the minutes said.

Keep reading...Show less