RBA minutes a reminder?

22 May 2017

 

“Taking into account all the available information and the updated forecasts, the Board's assessment was that maintaining the current accommodative stance of monetary policy would be consistent with achieving sustainable growth and the inflation target over time.” This sentence is from the final paragraph of the RBA board minutes of its May meeting. Minutes from recent RBA meetings have not mentioned the stance of monetary policy, which in this case...

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