RBA assistant gov/economist in scheduled speech 22 Nov
- stronger growth would push inflation up to more normal levels
- unemployment rate up, points to spare capacity
- lack of full-time employment growth this year due to weakness in WA
- high home prices, household debt still a risk but less so than last year
- higher commodity prices unlikely to lead to mining investment pick-up
Kent speaking at the Australian Business Economists Conference Dinner
Full speech here
AUDUSD supported into 0.7370 and now chewing through some offers around 0.7400 but failing to make much progress although supported by general USD sales.
