• RBA minutes: board judged steady policy consistent with inflation, growth goals

Notícias do Mercado

21 novembro 2017

RBA minutes: board judged steady policy consistent with inflation, growth goals

  • "Considerable uncertainty" on how quickly wages might pick up, add to inflation

  • Competitive pressures on retail margins and costs expected to last for some while

  • Pass-through to inflation could be delayed by many factors including retail competition

  • Any further rise in a$ would slow expected pick-up in inflation, economy

  • Board discussed global trend of wages growth lagging unemployment

RBA: rising participation meant jobless rate to fall only slightly to 5.25 pct by end 2019
10-year U.S. treasury yield at 2.366 percent vs U.S. close of 2.370 percent on Monday
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