RBA forecasts faster growth, lower jobless
Low rates and petrol prices to drive consumer demand but China casts a shadow
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Sydney
AUSTRALIA's central bank maintained its forecast of accelerating growth in response to easy policy, even as risks around China cast a shadow over the regional economic outlook.
The Reserve Bank of Australia trimmed its inflation forecast for the year through June 2016 and its 2017 growth projections in a quarterly monetary policy statement on Friday but it kept most of its estimates unchanged.
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