RBA minutes: May meeting an opportune time to consider reacting to potential risks ...Middle East

Not yet possible to determine timing of next move in rates

May meeting would be opportune time to reconsider, decision was not predetermined

Global risks to growth had increased, were tilted to the downside

Important to safeguard progress on inflation and not ease policy "prematurely"

Possibility labour market not as tight as thought, wage growth could continue to slow

Data pointed to genuine improvement in consumer demand, beyond just sales events

Governance board to consider risks in scale and maturity of bond holdings

This article was written by Eamonn Sheridan at www.forexlive.com.

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