Australia hints at cuts later in 2008

- Central Banking staff
- 15 Apr 2008

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

Though the Reserve Bank of Australia opted to leave rates at a 12-year high of 7.25% last month, minutes published on Tuesday signalled that it could make cuts later this year.

The slowing global economy and tighter financial conditions in Australia were likely to reduce expansionary forces on the economy, the minutes said, adding that "these developments were working to foster the moderation in demand growth that was needed to ease the pressure on inflation."

"Provided this moderation continued

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to print this content. Please contact info@centralbanking.com to find out more.

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email info@centralbanking.com

You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email info@centralbanking.com