May SoMP: higher inflation, sort of

05 May 2017

 

The RBA’s quarterly Statement on Monetary Policy (SoMP) sets out the RBA’s view of domestic and international conditions. It also provides forecasts for Australian inflation and GDP growth based on the most recent data. While its view of international conditions will not move international markets, past SoMPs have moved Australian bond and currency markets from time to time. Expectations of anything dramatic coming out of the SoMP were low prior...

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