Low inflation corners RBA

Original article by Jacob Greber
The Australian Financial Review – Page: 1 : 29-Jan-15

Australia’s underlying inflation rate increased by 0.7 per cent in the December 2014 quarter, which was higher than expected. There was an 0.2 per cent increase in the CPI during the quarter, and 1.7 per cent year-on-year. The benign inflation data may strengthen the case for a reduction in the cash rate when the Reserve Bank board meets on 3 February 2015. The central bank may also be swayed by recent monetary policy easing in other countries, which may prompt renewed support for the Australian dollar

CORPORATES
RESERVE BANK OF AUSTRALIA, UBS HOLDINGS PTY LTD, AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ, COMMONWEALTH BANK OF AUSTRALIA – ASX CBA, AUSTRALIAN BUREAU OF STATISTICS, EUROPEAN CENTRAL BANK

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