Australia central bank keeps close eye on post-mining-boom economy

06/18/2013 | Wall Street Journal, The

Although Australia's central bank elected to leave rates unchanged at its June meeting, policymakers left the door open for further cuts as needed if the economy can't mend sufficiently in the wake of the mining boom. "The board also judged that the inflation outlook as currently assessed might provide some scope for further easing, should that be required to support demand," the central bank said in its meeting minutes.

View Full Article in:

Wall Street Journal, The

Published in Brief: