Bitcoin AUD rate

• as expected
• cash rate remains at 2.5%
• says likely to be a period of stability in interest rates
• AUD remains high by historical standards particularly given falling commodity prices
• AUD fall assisting balanced growth but less than before
• sees moderate growth in consumer demand
• sees strong expansion in housing construction
• there has been some moderation in house price growth
• public spending scheduled to be subdued
• monetary policy remains accommodative
• inflation expected to be consistent with 2-3% target
• will be some time yet before unemployment declines consistently

AUDUSD taking it all in its stride, little changed at 0.9260 with the RBA repeating that it sees a likely period of interest-rate stability, a nod to the high value of the AUD and all pretty much as Eamonn forecast in his preview

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