RBA's Debelle: board view is holding cash rate steady would help reduce unemployment, increase inflation over time

Market news

15 May 2018

RBA's Debelle: board view is holding cash rate steady would help reduce unemployment, increase inflation over time

Had been concerned our forecast may have been little optimistic, but now more confident in it
Important uncertainty relates to household balance sheets
Recent data suggests wage growth has troughed
Current tensions around trade policy a "significant risk" to global economy

ECB's Coeure says divergence between our key policy rates and market rates could become more important in the future once policy rates begin to normalise

RBA: an appreciation in the AUD would slow expected acceleration in growth, inflation

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