RBA minutes: low rates helping reduce unemployment, lift inflation

Market news

20 February 2018

RBA minutes: low rates helping reduce unemployment, lift inflation

Further progress on inflation likely to be only gradual
A$ still within narrow range of past couple of years
Repeats rising A$ would impede pick up in economic growth, inflation
Wage growth remained subdued despite strong employment, recent deals to weigh on growth

RBA says global growth could continue to surprise on upside given synchronised upturn

Eurostoxx 50 futures up 0.1 pct, DAX futures up 0.2 pct, CAC 40 futures up 0.1 pct, FTSE futures up 0.2 pct, IBEX futures up 0.1 pct

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