Homepage / Asia / Devil is in the details for Australia's central bank meeting
House of Jack Gambling Establishment Review ASUS Dual GeForce RTX 4070 OC 12GB GDDR6X 192 Bit Beyaz DLSS 3 Ekran Kartı Black Myth: Wukong Hediyeli Казино 1xbet Играть Онлайн бесплатно%2C Официальный Сайт%2C Скачать Клиен Efes Bet Casino: Kazanmanın Garantisiyle Eğlencenin Adresi Efescasino Güncel Giriş Sitesi Türkiye’nin En Büyük Yazlık Konut Üreticisi новые Бонусы В Онлайн-казино За Июнь 2024 Лучшие Предложения ддя Игр Pin Up 306 On Line Casino Başlanğıc Qeydiyyat, Bonuslar, Yukl เข้าร่วมทดลองเล่นสล็อตในเว็บตรงของเราและรับประสบการณ์ที่สนุกที่สุ 2024-ci Ilin Daha əla Qumar Saytları ️ Azərbaycanın Top Onlayn Qumar Veb-saytları Slottica online casino oyunları Игровые слоты в 7к: окунитесь в мир азартных развлечений Kim Гјretiyor oyun makineler: zamanla test edilmiЕџ Гјreticiler yazД±lД±m Kim Гјretiyor oyun makineler: zamanla test edilmiЕџ Гјreticiler yazД±lД±m Comprehending Phase 2 High Blood Pressure: Reasons, Signs, and also Treatment Affordable Essay Writing Service Bitcoin Gambling Enterprises: The Future of Online Gambling Instant Play Online Gambling Enterprise: All You Required to Know Online Slots Real Cash No Down Payment: An Overview to Free Rotates and Perk Uses Neteller Gambling Enterprises: A Comprehensive Guide to Safe and Secure Online Betting Online Online Casinos that Approve Neteller Online Casino Real Cash No Deposit: Play and Win Without Threat Blackjack Gamings for Fun: A Comprehensive Guide Online Gambling Establishments That Approve PayPal: A Full Overview Free Online Casino Games The Safest Online Gambling Sites Sugar Pills: What Are They as well as What Are They Made use of For? Why Are My Veins So Blue? Custom Term Papers – A Great Resource For Pupils Free Online Casino Slots A Review Play Free Blackjack Gamings Online: A Comprehensive Guide The Surge of Bitcoin Online Casinos: A Comprehensive Overview Leading Gambling Enterprises that Accept Mastercard: A Comprehensive Overview Top MasterCard Online Gambling Establishments: A Comprehensive Guide Just how to Detoxification Your Underarms: A Comprehensive Guide Discover the Enjoyment of Free Online Casino Site Games Leading Ports: A Comprehensive Guide to the very best Port Gamings What to Know When Playing a Slot Machine Online The Very Best Online Lending Application in Nigeria Free Online Port Games: A Comprehensive Guide Lidocaine Lotion: Makes Use Of, Benefits, and also Safety Details High Blood Pressure Migraine: Reasons, Symptoms, and also Therapy Online Casinos That Accept Neteller: A Convenient Repayment Choice for Online Betting Online Bitcoin Gambling Establishments: A Comprehensive Overview to the Future of Gambling The Benefits of Using PayPal for Gambling Enterprise Deposits What Is the Best Bitcoin Casino? How To Pick The Best Slots At Online Slot Machines Gambling enterprises cheat Mastercard: A Convenient and Secure Settlement Option Gambling Establishment Online Free: Everything You Need to Know Zenka Lending Application: Your Ultimate Guide to Rapid and Easy Borrowing Every little thing you Need to Find Out About Free Online Blackjack Discover the Thrilling World of Blackjack for Enjoyable Mastercard Online Casinos Online: A Comprehensive Overview Quick Individual Finances: Your Ultimate Overview Слоты на платформе Вавада – особенности и виды Официальные слоты в коллекции именитого kasino Азино777 Лучшие видеослоты в сертифицированном казино Вавада Игра в слоты Вавада с выплатой выигрышей: наслаждайтесь игрой и победами Появилось Объяснение Назначению Немировски На Пост Наставника Сборной Казахстана Хоккей Cash Advance Loans for Blacklisted: What You Required to Know 22bet App Ios És Android Mobil Verzió Letöltése 2024-ba Just How to Remain Erect for Hours: Pills, Tips, and also Natural Approaches Resmi Website Sinden Pin Up Turkey Online Casino Uygulamasını ️ Indiri 1win официальный Сай Базовые правила и условия игры в kazino online на настоящие деньги Ana amaç çevrimiçi kumarhane 7slots: önemli avantajlar ve kategoriler Как начать игру в казино онлайн на настоящие деньги 1win Apk: Um Melhor Aplicativo Pra Jogos De Cassino Aqui No Brasil” 1win Apk: Um Melhor Aplicativo Pra Jogos De Cassino Aqui No Brasil” Mostbet Azerbaycan Rəsmi Casino Giriş Və Qeydiyyat Mostbet A Миссди Ххк Cassino Online Operating System Melhores Jogos At The Bônu 1win Mali Site Officiel des Paris Sportifs et Casino Inscription 1xbet Aviator How To Play The Aviartor Game On 1xbet In Nigeri прохода 1win Официальный Сайт Букмекерской Конторы же Казино 1ви Скачать Пин Ап Казино%3A Мобильное Приложение Pin Up Be Laurence Escalantes online casino empire feels heat of US lawsuits 1xbet Paid For Over $836, 000 To A Player From Africa Казино Покердом Играть Онлайн Бесплатно%2C официальный Сайт%2C Скачать Клиен Бесплатные Игры Казино Слоты И Игровые Автомат “казино Pin Up%3A находимся Вместе К вожделенной Мечте Ücretsiz Slot Oyunları Silvergames’te Çevrimiçi Oynayın Mostbet Bookie: Legjobb Szorzók És Élő Fogadási Élmény Online Mostbet Login To Your Online Casino Personal Account In Bangladesh! Top 10 Best Online Gambling Dens In 2024 Tested & Approve Powerful casino tactics in 2024: 7 vital methods for athletes Guide to Online Casinos in Canada “Online Kumarhane Oyna Çevrimiçi Kumarhane Nolimitwa Legalzoom Hisse Geri Alım Programını 75 Milyon Dolar Artırdı Yazar Investing Co Как играть в симуляторы в онлайн-казино Вавада Игровые Автоматы Демо Играть Бесплатно нет Регистраци Glory Casino: Top Online Casino Video Games In Banglades Рейтинг Надежных Онлайн Казино Лучшие Топ Клубы Росси Fortune Tiger Slot Review: Análise E Como Joga 1win Au Bénin: Une Revue Complète De La Plateforme De Paris En Lign Sledování Titulu Casino Suprême: Kde Sledovat What is a Data Room? Как Стать Стримером Казино%3F Что для Этого Нужно%3 Best Game Software

Asia

Devil is in the details for Australia's central bank meeting

The Reserve Bank of Australia may be widely expected to keep interest rates on hold at its policy-setting meeting on Tuesday, but analysts will be closely watching its statement to see which way the wind is blowing.

“The risk is the RBA adopts more upbeat views on Australian economic activity considering the solid growth in employment,” Commonwealth Bank of Australia said in a note on Monday.

The RBA has kept its benchmark rates at a record low of 1.5 percent since August last year.

Economic growth has appeared slightly anemic. Last month, Australia reported gross domestic product for the first quarter rose 1.7 percent on-year, which did beat a Reuters poll forecast for 1.5 percent growth.

But economists have said growth would likely improve in the second quarter, as economic activity was hindered by Cyclone Debbie earlier in the year.

That doesn’t mean they’re expecting much, with some saying the RBA’s projection for growth to climb to “a little above 3 percent” in the next few years may be too optimistic.

At its last meeting, the central bank said the global environment has continued to pick up and improvements had been made in the domestic economy. In particular, on the housing market, RBA said recent supervisory measures “should help address the risks associated with high and rising levels of indebtedness.”

The housing market has been the challenge: If the RBA were to cut rates further, then the easier liquidity would drive property prices even higher.

The CoreLogic Hedonic Home Value Index, released on Monday, showed that in the April-to-June quarter, capital city dwelling values rose 0.8 percent on-quarter and 9.6 percent on-year.

Still, some were expecting little from the RBA meeting.

“Nothing appears to have changed, since the last meeting. The global outlook including China remains broadly positive, labor markets in Australia continue to tighten, core inflation remains low, as do long term bond yields, and there is no significant easing expected in other major economies,” Rob Carnell, head of research for Asia at ING, said in a note on Monday.

“If they want to save time, the RBA can take the June rate meeting statement, change the date, and send it out unchanged,” he said.

—CNBC’s Yen Nee Lee contributed to this article.

Follow CNBC International on Twitter and Facebook.

Source: cnbc china
Devil is in the details for Australia's central bank meeting

Comments are closed.