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Australia: RBA Easing Bias Remains, But Continued Policy Pause?
- Surprising few, the Reserve Bank of Australia (RBA) decided to keep the Cash Rate unchanged at 3% at its meeting in April.
- The accompanying statement by Governor Stevens showed few changes. Beginning with its assessment of the global economy, the RBA noted that growth is still forecast to be a little below average for a time, but also observed that downside risks appeared to be reduced.Not yet a Decision Economics member? Click here to register for a FREE 30 day trial.If you are already a member, click here to login.
Research Studies
Economic Studies Series #76
Traditional Tools, New Tools, No New Tools? economic-studies-series-76-traditional-tools-new-tools-no-new-tools-12-1-16
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