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Minutes of the Monetary Policy Meeting of the Reserve Bank Board
Members commenced their discussion of international economic developments by noting that the global outlook had improved over recent months and risks to the global economy had become more balanced. Global trade volumes had increased strongly and measures of new export orders were buoyant. COVID-19 case numbers had fallen in many advanced economies as vaccination rates had risen, and containment measures were being eased. Surveys of business conditions were strong, with manufacturing activity at high levels and conditions in the services sector continuing to improve. Fiscal and monetary policy measures had continued ... (full story)
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RBA MEETING MINUTES: A RETURN TO A TIGHT LABOR MARKET, WITH REAL INFLATION IN THE AIM BAND IMPROBABLE UNTIL AT LEAST 2024.
— Breaking Market News (@financialjuice) June 15, 2021
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RBA MEETING MINUTES: MONETARY POLICY HAS LED TO THE A$ BEING LOWER THAN IT MIGHT HAVE BEEN OTHERWISE.
— Breaking Market News (@financialjuice) June 15, 2021
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RBA MEETING MINUTES: HOUSEHOLD SPENDING IS EXPECTED TO BE ROBUST, BUOYED BY INCREASING INCOME, INCREASED JOBS, AND REDUCED UNCERTAINTY.
— Breaking Market News (@financialjuice) June 15, 2021