RBA July minutes released

<
29 July 2015

 

The minutes from the RBA’s July meeting were released last week and, as expected, board members showed no signs of agitating for an increase in the official rate. Some interesting discussions took place regarding recent data on job vacancies which "suggested that demand for labour could be sufficient to maintain a stable or even falling unemployment rate”. The reason why it would be sufficient is because “employment had grown more...

read full story