Dec
19

RBA Balanced Weaker Jobs, Strong Housing in Decision to Hold

By

Australia’s central bank balanced “considerable uncertainty” in labor market momentum and resurgent property prices in Sydney and Melbourne in its decision to leave interest rates unchanged.

The minutes of this month’s policy meeting also explicitly set out the board’s ongoing debate on the impact of its five-year easing cycle on asset prices and household debt. The record-low 1.5 percent cash rate is designed to help absorb unwinding mining investment and boost prices in the economy…

RBA Balanced Weaker Jobs, Strong Housing in Decision to Hold

Share
Categories : Uncategorized

Leave a Reply

You must be logged in to post a comment.