• RBA minutes: board judged steady policy consistent with inflation, growth goals

Market news

21 November 2017

RBA minutes: board judged steady policy consistent with inflation, growth goals

  • "Considerable uncertainty" on how quickly wages might pick up, add to inflation

  • Competitive pressures on retail margins and costs expected to last for some while

  • Pass-through to inflation could be delayed by many factors including retail competition

  • Any further rise in a$ would slow expected pick-up in inflation, economy

  • Board discussed global trend of wages growth lagging unemployment

RBA: rising participation meant jobless rate to fall only slightly to 5.25 pct by end 2019
10-year U.S. treasury yield at 2.366 percent vs U.S. close of 2.370 percent on Monday
Market Focus
Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer
Open Demo Account & Personal Page
I understand and accept the Privacy Policy and agree to my name and contact details being used by TeleTrade to contact me about this.
Personal area
Personal area
support@teletradepartners.com

Risk Warning: Trading in the financial markets (including trading on margin) provides a wide range of opportunities and enables investors ready to take risks to make high profits, but it carries a potentially high level of risk of loss. Therefore, prior to trading you should take into careful consideration whether such operations are suitable for you in terms of your level of knowledge and financial situation.

Privacy Policy

© 2000-2023. All rights reserved.