RBA Remains Cautiously Optimistic with Better-than-Expected Recovery, Pledged to Do More if Needed

As widely expected RBA left all the monetary policy measures unchanged in December. While acknowledging the “better-than-expected” economic recovery, the members reiterated that the outlook remains dependent on policy support. On economic developments, the central bank noted that “the economic recovery is under way and recent data have generally been better than expected”. However, it […]

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