Andrew Williams Posted December 6, 2016 Report Share Posted December 6, 2016 At its meeting today, the Board decided to leave the cash rate unchanged at 1.50 per cent. The global economy is continuing to grow, at a lower than average pace. Labour market conditions in the advanced economies have improved over the past year. Economic conditions in China have steadied, supported by growth in infrastructure and property construction, although medium-term risks to growth remain. Inflation remains below most central banks’ targets, although headline inflation rates have increased recently. Globally, the outlook for inflation is more balanced than it has been for some time. See full article here: http://www.rba.gov.au/media-releases/2016/mr-16-30.html Regards Andy Quote Link to comment Share on other sites More sharing options...
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