FXStreet (Bali) - The latest Minutes of the RBA October monetary policy Board meeting are out, with the Central Bank noting that they left rates unchanged given firmer prospects for the economy.
Main headlines - via Reuters
Australia C.bank Minutes: Left Rates Unchanged Given Firmer Prospects For Economy
Subdued Inflation May Afford Some Scope For Further Easing Of Policy
"very Low" Interest Rates Supporting Household Consumption, Home Building
A$ Adjusting To Commodity Decline Boosting Demand For Domestic Production, Services
Spare Capacity To Persist For Some Time, Inflation To Be Lower Than Expected
Mortgage Rate Rises Lessened Policy Support Slightly, Still Accommodative Overall
Tighter Regulations Helping Contain Risks From Housing Market
Employment Stronger Than Expected, Vacancies Point To Continued Growth
Household Consumption To Add Significantly To Demand In Next Two Years
Pick Up In Demand, Low A$ To Eventually Drive Non-mining Investment But Timing Uncertain
Drag From Mining Investment Likely To Have Run Its Course By End 2017
Rba: Asia Had Slowed More Than Expected, Likely To Be Longer Lasting Than Thought
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