Uncertainty makes rate path unclear: RBA

The overall impact of a number of opposing economic forces on demand and inflation in Australia is subject to considerable uncertainty, the country's Reserve Bank noted.

Prospects for growth of the Australian economy and for inflation will depend on the impact of the global slowdown and the financial market turmoil, tight domestic financial conditions on the one hand and the forthcoming stimulus from Australia's rising terms of trade on the other, the Reserve Bank said in its latest monetary

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