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Commentators divided on RBA's motives

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Australian Broker | 04 Jun 2014, 07:45 AM Agree 0
Housing industry commentators are divided whether the RBA’s decision yesterday meant the board was comfortable, calm or panicking
  • Brad Quilty | 04 Jun 2014, 09:21 AM Agree 0
    If you read the second last paragraph of the RBA statement, it quite clearly states their expectations around 'stability':

    "Looking ahead, continued accommodative monetary policy should provide support to demand, and help growth to strengthen over time. Inflation is expected to be consistent with the 2–3 per cent target over the next two years."

    quite specific don't you think?
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