News Headline Summary

After the market close in Australia yesterday, Reserve Bank of Australia's Stevens said the RBA was prudent on November 6th to sit still for the moment

Stevens said:

- Inflation is a bit on the high side but not a major problem.
- Reiterated the RBA board felt more easing might be required.
- AUD is a bit high.

Update details:

- Comments were largely in-line from what we heard yesterday in the RBA minutes.

Print 22:11, 20 Nov 2012 - Asian News - Source: Newswires