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Statement by Glenn Stevens, Governor: Monetary Policy Decision
At its meeting today, the Board decided to leave the cash rate unchanged at 2.5 per cent. Growth in the global economy is continuing at a moderate pace. China's growth has generally been in line with policymakers' objectives, though some data suggest a slowing in recent months. Weakening property markets there present a challenge in the near term. Commodity prices in historical terms remain high, but some of those important to Australia have declined further in recent months. Volatility in some financial markets has picked up in recent weeks. Overall, however, financial conditions remain very accommodative. Long-term ... (full story)
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- Oct 6, 2014 11:43pm Oct 6, 2014 11:43pm
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roger44
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yunyoungro
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don't find the correct answer in market. just feel it and follow the wave.
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Rtm
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All posts are my personal opinion
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