- Said the impact of interest rate cuts ‘still had further’ to run
- The accommodative monetary policy stance is appropriate
- Mining investment appears to be approaching its peak
- Inflation remaining around the middle of its target range
- Pickup in housing investment to continue at moderate pace
- Subdued non-mining investment likely to continue
- Global conditions more positve, risks more balanced
- Sees growth a little below trend this year, then to pick up
RBA March policy meeting minutes released now: Economy responding to low rates, repeats there is scope to cut
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