July Monetary Policy Decision

  Cash rate to remain at 1.5% Broad-based pick-up in global economy continuing; labour markets tightening in many countries; forecasts for global growth have been revised up wards from last year. China: while growth is being supported by increased spending on infrastructure and property construction, high levels of debt continue to present a medium-term risk…… Continue reading July Monetary Policy Decision

2017 April- RBA leaves cash rate unchanged at 1.5%

http://www.rba.gov.au/media-releases/2017/mr-17-07.html The RBA left the cash rate at 1.5% at its April meeting, due to the following reasons: Conditions in the global economy have improved, with both global trade and industrial production picking up. Growth in China, our largest trading partner, is being supported by higher spending on infrastructure and property spending – however medium…… Continue reading 2017 April- RBA leaves cash rate unchanged at 1.5%