Market news
07.11.2017, 07:35

RBA says higher AUD is restraining price pressures

  • Expects economy to grow at an annual 3 pct rate over the next few years

  • Signs conditions are easing in sydney house prices

  • Rising AUD would slow economy

  • Inflation remains low, likely to stay so for some time

  • Global economy continuing to improve

  • Unemployment expected to decline gradually

  • Increased infrastructure investment supporting the economy

  • Forecast for australian economy largely unchanged

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