RBA Likely to Ease Policy at Next Meeting

RBA Likely to Ease Policy at Next Meeting Play

July 16 (Bloomberg) -- John Honan, the Sydney-based chief economist at Ausbil Dexia Ltd., talks about Reserve Bank of Australia monetary policy, and the outlook for the nation's economy and currency. Australia’s central bank said the currency’s decline and past interest-rate cuts meant its policy setting was appropriate even as it maintained room for future reductions, according to minutes of its July 2 meeting. Honan speaks with Rishaad Salamat on Bloomberg Television's "On the Move." (Source: Bloomberg)

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