Asian Market Update: RBA Quarterly Statement Raises Projections For CPI

10:58 PM No Comments

RBA quarterly policy statement raises all of its projections for CPI and GDP through 2015 and also warns inflation may breach 2-3% target band in mid-2014. Statement, following the RBA dropping its easing bias in a meeting this week, sees H1 and FY14 GDP at 2.75% (+0.25pts from prior forecasts),



Continue Read...