RBA minutes

15 December 2009 @ 03:36 am EDT

From the RBA minutes, we highlight the following:- The arguments in favor and against a rate hike in December were "balanced"

- The GDP growth is larger than expected.

- The unemployment rate may have not touched a bottom yet

- It's expected a growth in private consumption.

The aussie is on negative ground since the news, as it was discussed to leave rates unchanged until February.

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