RBA statement: less certain about the outlook - ANZ

ANZ Research offers a quick reaction on today's RBA monetary policy statement, wherein the central bank continued its record-breaking run of leaving interest rates on hold for the 29th consecutive meeting.

Key Quotes

“A few changes to the RBA statement highlight the Bank’s uncertainty about the outlook. In particular, the changes to the final paragraph could be an attempt to flag that the Bank’s is keeping all options on the table. In the lead up to the May Statement on Monetary Policy, the RBA staff will be revising the Bank’s forecasts.”