Reserve Bank of Australia (RBA) Governor Glenn Stevens has disappointed expectations of a rate cut at the past two meetings, but there is an even bigger level of support for him to act sooner rather than later, with a backdrop of a strengthening Australian dollar and a weak economic outlook. Some data suggests the economy is indeed doing better, including employment figures for March which showed job growth of 37,700, beating most estimates by some margin. And while inflation is currently weak, the RBA's preferred adjusted CPI measures - the trimmed mean CPI and the CPI excluding volatile items - were both well ... (full story)