Reserve Bank of Australia Interest rate decision 06.03.201
- Says Low rates will continue to support Australian economy
- Inflation is likely to remain low for some time
- Wage growth is to remain low for some time
- The rate of wage growth appears to have trouged
- Australian economy to grow faster in 2018 than in 2017
- Household consumption remains a source of uncertainty
- Appreciating exchange rate could slow economic activity, inflation
- Here’s the link to the policy statement
AUDUSD unmoved on the statement , picks up a few points now 0.7790 around the 200 HMA
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