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The RBA statement offered little fresh..........>

RBA
RBA: The RBA statement offered little fresh insight into the Bank's view
regarding the domestic economy.
- Global inflationary pressures via higher oil prices, wage growth and the U.S.
fiscal stimulus programme were noted in the opening paragraph.
- The RBA acknowledged the recent developments re: the domestic labour market
and GDP data, but the central language around the matters were little changed.
The RBA noted that wage growth has picked up a little.
- AUD & Aussie Bonds stuck to tight ranges over the release.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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