As unanimously expected

  • Forecast for the economy largely unchanged
  • Wages and household debt largely expected contain inflation
  • Rising Aud would slow economy
  • inflation to pick up gradually
  • Outlook for household consumption is a source of uncertainty
  • AUDUSD 0.7690 from 0.7680 going into the decision

RBA statement

K-man

Fundamentalist market maker, turned all round market taker.
Philosophy: “Cycling is good for your health, overtrading is bad”

Read how Koen got into trading here
K-man

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