Australian Federal Reserve on Tuesday (19th) announced April minutes of the monetary policy meeting. Australia fed says strong high in view of the terms of trade and investment, the current monetary policy appropriate. Policy stance appropriate to the medium-term inflation prospects, currently not adjusted interest rate.
Australia fed said business investment rose strongly is still "important factors in the medium-term Outlook", job market prospects of a positive, robust pace of growth in domestic demand.
Australia fed noted that overall inflation levels can be high in the first quarter, Australian high pressure of the tourism industry and manufacturing industry. The Federal Reserve said, based on the flood disaster in the first quarter GDP growth may be lower than earlier expected.
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biaopu adjusting drop United States rating on Forex effect may limited Greece and up debt waves Moody's will Ireland rating even drop two level foreign exchange market risk aversion emotional huizhang dollars or and weak difficult returned to RMB steadily "out to" debt crisis fans Council scare back euro long [RMB premium][market Center]the joint storage said , The main challenge will be to maintain a moderate investment boom, and does not cause the cost pressure. Job growth slowed down since the beginning of 2011, domestic demand is expected to continue to grow strongly. Study effects of weather factors on growth and inflation, export prices will remain high for some time.
Australia fed says oil prices pose a challenge to large developed economies, to cope with the high growth in Asia and the problem of inflation. Japan increasing the uncertainty of global short-term prospects for natural disasters.
the Federal Reserve also said that Japan and the European crisis, rising oil prices will exacerbate the global economic Outlook uncertain. Global economy is still expected in trend growth or higher.
