RBA: nothing to see here, move along

06 September 2016

 

The RBA left the cash rate unchanged at its September board meeting in a widely-expected decision. Few, if any, economists expected another rate cut so soon after the August 25bps rate cut and so economists and other observers were really only  looking for clues as to the RBA’s thinking.  According to Westpac’s Bill Evans the RBA’s statements regarding inflation, employment and the global outlook were unchanged. “Inflation continues to be...

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