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Asian Market Update: China Official PMIs Fall To 4-Year Lows, RBA Stands Pat, Statement...

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Mar 1, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    RBA left rates on hold as forecast by unanimous consensus of analysts, although the statement was somewhat more neutral than anticipated given the recent uptick in unemployment and reduction in growth forecasts. RBA mainly pasted last month's statement with a notable exception being a warning that 'low inflation would provide[​IMG]

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