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RBA Statement today "has watered down the ‘easing bias’"

Discussion in 'Fundamental Analysis' started by ForexLive, Feb 2, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
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    Comments from CommSec on today's Reserve Bank of Australia decision and Statement: (In brief and bolding mine) - The Reserve Bank adopted a 'conditional easing bias' in November. That is, the Reserve Bank indicated at the time that scope existed for lower interest rates "should that be appropriate to lend support to demand."

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