RBA expects long period of low inflation – minutes

The RBA at night. Photo: RBA

The Reserve Bank of Australia is preparing for a long period of subdued inflation, as board members expect weak demand to be the dominant factor in the coming months.

Minutes of the central bank’s August 4 monetary policy meeting highlight various potential scenarios for inflation, all of which expect inflation to remain below the 2% target over the full policy horizon. Members viewed it likely that “significant spare capacity, high unemployment and slow wages growth” would hold inflation down

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 [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: