RBA: Any tightening will depend upon how the economy and inflation evolve

Following are the key headlines from the Reserve Bank of Australia’s (RBA) July monetary policy statement, via Reuters, as presented by Governor Phillip Lowe.

 

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Australia RBA Interest Rate Decision came in at 4.1% below forecasts (4.35%)

Australia RBA Interest Rate Decision came in at 4.1% below forecasts (4.35%)
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AUD/USD nosedives 40 pips to 0.6650 on RBA inaction

AUD/USD aptly portrays the market’s disappointment from the Reserve Bank of Australia’s (RBA) no rate hike decision on early Tuesday as it slumped nea
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