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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 inflation remained well above central banks’ targets, though it had moderated over prior months. Headline inflation had come off its peaks as energy prices had fallen and – outside the euro area – core inflation had also eased as reduced supply-chain pressures had led to slowing goods price inflation. Services inflation remained high in most economies, reflecting the tight labour market conditions and still-firm demand for services, but had been broadly stable recently. Rents inflation was also high in most advanced ... (full story)
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RBA: STRINGENT POLICIES AND UNCERTAIN OUTLOOK MADE IT APPROPRIATE TO HOLD RATES STABLE AT SOME POINT.
— Breaking Market News (@financialjuice) March 21, 2023
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RBA: BOARD WATCHING DATA ON JOBS, INFLATION, RETAIL SALES, BUSINESS SURVEYS, GLOBAL DEVELOPMENTS #News #Markets #RBA #INFLATION #capitalhungry
— Capital Hungry (@Capital_Hungry) March 21, 2023
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RBA: INFLATION IS TOO HIGH, THE LABOUR MARKET IS TIGHT, AND BUSINESS SURVEYS ARE STRONG.
— Breaking Market News (@financialjuice) March 21, 2023