Tuesday, July 21, 2015

Australian Monetary Policy Minutes

A slight red flag in this month`s statement, the term "average" was used to describe the economic growth of Australia`s major trading partners. It was noted that the US economy was stronger while China was somewhat weaker.

Members also noted that the recent volatility in the Chinese equity markets and potential spillovers from developments in Greece would require close monitoring.

The full statement can be found here.

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