RBA warns of 'significant' uncertainty

By Elizabeth Redman

At its August meeting, the central bank again left the official cash rate on hold at a record low 2. 5 per cent, meaning the rate has now been steady for an entire year.

Alan has been a trusted source of investment advice to Australians for many years, and in 2005 he founded Eureka Report - Australia’s #1 online investment report.

Minutes from the central bank's August meeting show the board expects inflation to remain consistent with its target of 2 per cent to 3 per cent over the next two years, despite a recent rise.

The Reserve Bank of Australia has warned of a "significant degree" of uncertainty about the economic outlook, but reaffirmed its view that a period of stability in interest rates is likely prudent.

Along with Robert Gottliebsen and Stephen Bartholomeusz, Alan also founded Business Spectator, the popular business news and commentary website.

Read more here: Business Spectator


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