RBA June meeting minutes: “glass half full”

20 June 2017

 

The minutes of the RBA’s June meeting were largely unchanged from those of the previous meeting in May which resulted in no change to official interest rates. As AMP Capital’s Shane Oliver put it, there was “nothing really new” in them. References to the labour market, house prices, household debt and wages were all highlighted as before. The acceleration of global growth was “continuing”. Locally, “the transition to lower levels...

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