How RBA Governor Lowe's monetary policy statement changed in November

RBAA Reserve Bank of Australia statements for October and November compared

Last months on the left of screen, today's on the right.

Yes, a few changes. Of significance? I doubt it, just tinkering around the edges with words. Seem to devote a good few of them justifying why the bank continues to miss its inflation forecast. They only have two jobs and are missing on 50% of them.

An early preview of the December meeting from from me: no change again.

Earlier:

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