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View Full Version : RBA Cuts Growth, Inflation Forecasts on Weaker Jobs - Bloomberg



NewsWhore
05-03-2012, 10:10 PM
RBA Cuts Growth, Inflation Forecasts on Weaker Jobs (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFwnhtGpvhm9YDNzL6VKbgeJ3bEQw&url=http://www.bloomberg.com/news/2012-05-04/rba-cuts-growth-inflation-forecasts-on-weaker-jobs.html)
Bloomberg
The RBA is trying to buttress a housing market in which prices have fallen for five straight quarters, bolster employment as a high currency hurts non- resource industries and boost confidence that has weakened among consumers who are saving more.

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