Reserve Bank of Australia says recent inflation figures were in line with our expectations, CPI inflation expected to be a bit above 2 pct in 2018

Market news

1 May 2018

Reserve Bank of Australia says recent inflation figures were in line with our expectations, CPI inflation expected to be a bit above 2 pct in 2018

Housing markets have slowed in sydney, melbourne
A$ remains in range of past couple of years
Rising a$ would lead to slower economic pick up

10-year U.S. treasury yield at 2.955 percent vs U.S. close of 2.936 percent on monday

Australia may RBA cash rate stays flat at 1.5 % (fcast 1.5 %) vs prev 1.5 %, RBA says low rates supporting economy

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