• RBA minutes: jobs data positive, provided further confirmation of improvement in labour market

Noticias del mercado

18 julio 2017

RBA minutes: jobs data positive, provided further confirmation of improvement in labour market

  • Data suggest gdp growth increased in q2, household consumption picked up

  • Underemployment still elevated, wage pressures subdued

  • Recent rise in employment to support household incomes, spending

  • Fiscal policy to be more expansionary in 2017/18 than previously expected

  • Too early for tighter lending rules to have full effect on housing market

  • Stronger infrastructure spending to have significant positive spillovers to economy

  • Repeats a rising AUD would complicate economic rebalancing

Enfoque del mercado
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