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19 Jul 2016
RBA Minutes: Lot of time was spent discussing Brexit - TDS
Research Team at TDS, notes that the RBA Minutes of the July meeting suggests that a lot of time was spent discussing Brexit.
Key Quotes
“But the Board concluding it would have only a “modest adverse effect” on the global economy. The tone on the domestic data was solid to mixed, but the Board concluded that more data is required to fine tune the outlook ahead of the RBA rate decision and SoMP.”