Reserve Bank of Australia meeting minutes: Inflation will remain low for quite some time

Market news

19 July 2016

Reserve Bank of Australia meeting minutes: Inflation will remain low for quite some time

- we watch the economic data and especially data on inflation, housing market, employment, to determine when it is necessary to change rates

- labor costs are very low

- housing market indicators in recent years have been mixed

- employment data more ambiguous

- commodity prices have strengthened, the Australian dollar exchange rate in line with expectations

- revision of the forecasts in August will help to identify the policy rate

On Thursday, the RBNZ will assess the current economic situation

Reserve Bank of New Zealand proposed changes to loan-to-value restrictions

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