House prices ‘won’t sway the RBA’

Original article by James Glynn
The Australian – Page: 17 & 28 : 29-May-18

Reserve Bank of Australia board member Ian Harper says factors such as the low growth in wages means the central bank is unlikely to increase official interest rates in the near-term. He adds that slowing growth in residential property prices will also not influence the timing of a rise in the cash rate. Financial markets do not expect monetary policy to be tightened until at least late 2019.

CORPORATES
RESERVE BANK OF AUSTRALIA, MELBOURNE BUSINESS SCHOOL

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

w

Connecting to %s