Fitch affirms Australia at 'AAA'; outlook stable

Market news

2 May 2018

Fitch affirms Australia at 'AAA'; outlook stable

Australia's rating is underpinned by strong governance, high income levels, and a track record of macroeconomic stability
Monetary policy likely to remain accommodative,supportive of growth over 2 years in absence of wage growth or inflationary pressures

Bank of Canada's Poloz: seeing some good pickup in wages in last 6-8 months, we're in a phase we call the sweet spot

April survey data pointed to a further marginal improvement in operating conditions across China’s manufacturing sector

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