Reserve Bank of Australia Assistant Governor Christopher Kent: inflation in Australia will likely remain low “over the next couple of years”

Market news

6 April 2016

Reserve Bank of Australia Assistant Governor Christopher Kent: inflation in Australia will likely remain low “over the next couple of years”

Reserve Bank of Australia (RBA) Assistant Governor Christopher Kent said in a speech on Wednesday that inflation in Australia would likely remain low "over the next couple of years". He pointed out that the prices of imports, and spare capacity in product and labour markets globally weighed on inflation.

U.S. crude inventories decline by 4.9 million barrels to 529.9 million in the week to April 01

U.S.: Crude Oil Inventories, April -4.937 (forecast 3.5)

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