The Conversation

Market jitters and weak global outlook means rates should hold

05-10-2015 Author: The Conversation

New treasurer Scott Morrison greets RBA Governor Glenn Stevens.AAP/Paul Miller

A weakening outlook for the global economy and jittery financial markets do not portend well for the Australian economy. With latest estimates of inflation at 1.5%, below the Reserve Bank of Australia’s target band of 2-3%, and delayed action in raising interest...

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