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There were very few changes in the statement....>

RBA
RBA: There were very few changes in the statement compared to the one last
month, despite this statement incorporating updated forecasts prepared for the
quarterly Statement on Monetary Policy. One important line in the statement was
for the central forecast for growth to pick up to average a bit above 3% in 2018
and 2019 and "this should see some reduction in spare capacity in the economy."
The inclusion of the comment on spare capacity suggests an upside risk To
monetary policy. (For Full Story See Main Wire At 05:52 BST 05/01)
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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