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RBA: Monetary Policy Statement |
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Author: 123jump.com Staff
123jump.com
Last Update: 9:45 AM EDT May 09 2008
Inflation in Australia picked up over the past year in an environment of limited spare capacity and earlier strong demand. In these circumstances, a significant slowing in the growth of demand from the rapid pace of 2007 will be needed in order to return inflation to the target over time. There are signs that such moderation is now occurring. |
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