The Reserve Bank of Australian released today its minutes that held on May 3, where the Bank sees that the global inflation risks are continuing to accelerate as the commodities prices increased, which have a negative impact on the global economy.

On the other hand, the Bank has noted that increasing currency is helping to contain inflation appreciation.

While the Bank aimed to encourage companies to increase their expansion that will help to hire more worker, because of the Bank targeted to decline the unemployment rates in the upcoming period.