RBA Meeting Preview: Changes in Economy

Date June 4, 2012

The Reserve Bank of Australia’s monetary policy announcement is in just a few hours! For the second month in a row, the RBA is expected to ease but economists are divided on a 25 vs. 50bp move. Here’s a table showing how Australian data fared since the last meeting. As you can see, weakness all around particularly in consumer spending, employment and activity - definitely not good news!

Category Posted in Australian Dollar, Reserve Bank of Australia, aud/usd

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