Get started

Blake200

RBA cash rate stays at 1.50% - FRB UP from 0.50-0.75%The flow of data over the past few months has been consistent with the earlier forecasts. Inflation is expected to remain low for some time, before gradually returning to more normal levels. While there is uncertainty about the outlook for employment growth, it is likely that there will still be some spare capacity in the labour market over the forecast period. At the same time, housing prices are rising at a brisk rate in some locations, although overall housing credit growth and housing turnover remain lower than they were last year. recent meetings the Board (RBA) judged that there were reasonable prospects for achieving sustainable growth in the economy with inflation returning to the medium-term target over time and, hence, it was appropriate to leave the cash rate at 1.50 per cent.
Short
by blake200