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RBA: Policy right for the moment

By   || February 10, 2012 at 00:32 GMT
|| 2 comments || Add comment
  • Appropriate to hold steady, room to ease if economy weakens
  • Near-term employment to remain subdued
  • GDP growth forecast 3 to 3.5% for 2012; 3 to 4% for 2013 and 2014
  • Strong growth in resources investment remains key element of forecasts
  • Underlying inflation still 2.5% in 2012, possibly up to 3% by 2014
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2 Responses to “RBA: Policy right for the moment”

  1. Bear on February 10th, 2012 00:34 GMT

    Ill bet this is number 1 on Mr Azumi’s I-pod – http://www.youtube.com/watch?v=Ffgsf3pqaD8

  2. sgp on February 10th, 2012 04:54 GMT

    Jan is the Chinese New Year holiday…….normality wld resume from March…….

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