Original article by Adam Creighton
The Australian – Page: 19 & 27 : 4-Jul-18

Financial markets have priced in little chance of monetary policy tightening by April 2019 after the Reserve Bank of Australia left the cash rate unchanged at 1.5 per cent on 3 July. Economists note that the wording of the statement issued by governor Philip Lowe was largely similar to the previous month. Lowe reiterated that progress in reducing the unemployment rate and lifting inflation to the RBA’s target range of 2-3 per cent is likely to be gradual. He also noted the potential for a trade war to impact on global economic growth

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