Reserve Bank of Australia minutes

Reserve Bank of Australia

November 1, 2016

Australia’s Official Cash Rate was left unchanged at 1.5% at this month’s central bank Board meeting. ¬†A released statement¬†observes a moderate pace of GDP growth of close to its potential trend, a low but partially recovered terms of trade, quite low core inflation around 1.5% that is projected to pick up gradually, mixed labor market […] More

Weaker Yen and Pound

May 21, 2013

A day after suggesting the yen had fallen enough, Japanese Economics Minister Amari retreated, claiming no one really knows how far the yen’s downward correction will go. Sterling fell in response to lower-than-forecast British inflation in April.  The lower inflation drops, the greater becomes the Bank of England’s leeway to stimulate growth if that is […] More

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