Statement by Glenn Stevens, Govenor - 6th July 2010

Tue, 02 Feb 2010 15:20:00 +1100

At its meeting today, the Board decided to leave the cash rate unchanged at 4.5 per cent.

The global economy has continued to expand over recent months, consistent with a trend pace of growth. The expansion remains uneven, with the major advanced countries recording only modest growth overall, but growth in Asia and Latin America, to date, very strong. There are indications that growth in China is now starting to moderate to a more sustainable rate. In Europe, while output in some key countries has been improving recently, prospects for next year are more uncertain given the budgetary constraints governments face and the pressure on euro area banks. US growth has looked stronger in the first half of 2010 but the pace of labour market improvement is slow.

Bongiorno clients, family and friends share a once in a life time evening with Knighted Polar Explorer...

Thu, 10 Dec 2009 22:10:00 +1100

Bongiorno

Statement by Glenn Stevens, Govenor - 6th July 2010

Bongiorno clients, family and friends share a once in a life time evening with Knighted Polar Explorer...

Bongiorno clients, family and friends share a once in a life time evening with Knighted Polar Explorer...