Free Trial

Some more focus being given to the changes in...>

RBA
RBA: Some more focus being given to the changes in the Bank's final paragraph
which now reads "the low level of interest rates is continuing to support the
Australian economy. Further progress in reducing unemployment and having
inflation return to target is expected, although this progress is likely to be
gradual. Taking account of the available information, the Board judged that it
was appropriate to hold the stance of policy unchanged at this meeting. The
Board will continue to monitor developments and set monetary policy to support
sustainable growth in the economy and achieve the inflation target over time."
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.