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Reserve Bank Of Australia Cuts Inflation Outlook

RTTNews Friday, 10 November 2017 ()
Reserve Bank of Australia forecast inflation to rise only gradually over time and the economy to grow at a solid pace as the drag on growth from the end of the mining investment boom has eased. In its quarterly Statement on Monetary Policy, released Friday, the Reserve Bank projected inflation to rise slightly to 2.25 percent in the year ending December 2018 from an estimated 2 percent in the yea
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Source: Bloomberg Global Business - < > Embed

News video: Fed's Harker Expects to Support December Rate Increase

Fed's Harker Expects to Support December Rate Increase 06:09

Nov.13 -- Federal Reserve Bank Philadelphia President Patrick Harker discusses the U.S. economy, interest rates, his concerns over the flattening yield curve and his outlook for markets. He speaks on "Bloomberg Daybreak: Europe."

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