RBA says higher AUD is restraining price pressures

Market news

3 October 2017

RBA says higher AUD is restraining price pressures

Growth expected to pick up gradually over the coming years
Expects gradual increase in underlying inflation
House prices rising briskly in some markets
Slow growth in wages, high household debt likely to constrain growth and spending
Says signs conditions are easing in Sydney house prices
Employment has been stronger over recent months, forward looking indicators strong
Australia's terms of trade expected to decline but remain high

Eurostoxx 50 futures up 0.39 pct, FTSE futures up 0.14 pct, CAC 40 futures up 0.32 pct, German bund futures open 13 ticks lower at 161.09

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