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RBA May meeting minutes: Little room for upside risks to inflation

RBA May meeting minutes: Little room for upside risks to inflation
Reserve Bank of Australia May 2023 meeting minutes.Headlines via Reuters: Board considered pausing or hiking 25 basis points in May policy decisionFurther increases in interest rates may still be required, but it would depend on how economy, inflation evolvesCentral forecast for inflation returning to top of target band by mid-2025 leaves little room for upside risks to inflationRisks include persistent services inflation, higher rent growth than forecastConcerned about weak productivity growth,... Read More
Posted: May 16 2023, 01:31
Author Name: forexlive
Views: 110670

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