Review of 2017, outlook for 2018 – still in the “sweet spot”, but expect more volatility ahead

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Monetary Policy Decision – Statement by Philip Lowe, RBA Governor, December 2017

At its meeting today, the Board decided to leave the cash rate unchanged at 1.50 per cent. Conditions in the global economy have improved over 2017. Labour markets have tightened and further above-trend growth is expected in a number of advanced economies, although uncertainties remain. Growth in the Chinese economy continues to be supported by increased spending […]

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