RBA board agrees China has ‘scope to respond’ if outlook worsens
Minutes from February meeting reveal board’s appraisals of Chinese spillovers
Chinese authorities still have "scope to respond" if the country's economy is "much weaker than expected", members of the Reserve Bank of Australia (RBA) board agreed at their February 2 meeting.
Minutes from the meeting, published today, show the RBA board members saw the potential interaction between slowing growth, low inflation and high levels of debt as "an important source of uncertainty" around China's economic outlook.
While they agreed the authorities would be able to respond if lower
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