AUSTRALIA’S central bank decided to stand pat on interest rates at its May meeting in part to avoid “excessively fine-tuning” policy, but judged a hike might be needed if forecasts on inflation proved too optimistic.
AUSTRALIA’S central bank decided to stand pat on interest rates at its May meeting in part to avoid “excessively fine-tuning” policy, but judged a hike might be needed if forecasts on inflation proved too optimistic.