RBA Minutes: “still evidence of spare capacity in the economy”
Australia’s central bank said low interest rates are supporting household spending and a weaker exchange rate is aiding local firms, even as it reiterated that a subdued inflation outlook gives scope to ease policy further if needed. “Recent domestic data had generally been positive,” the Reserve Bank of Australia said Tuesday in minutes of its …
RBA Minutes: “still evidence of spare capacity in the economy” Read More »