Mixed economic signals a poser ahead of interest rate decision
As inflation ticks up and retail growth slows, the monetary policy committee is not expected to cut rates, but analysts expect a dovish tone
18 September 2019 - 21:54
UPDATED 19 September 2019 - 10:30
The last set of economic data ahead of the Reserve Bank’s latest monetary policy decision proved to be a mixed bag.
While a report showing August inflation slightly above market estimates probably killed off the slim chance of a cut on Thursday, retail numbers underlined how subdued consumer demand is, supporting the case for easier policy before the end of 2019...
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