RBA Statement today "has watered down the ‘easing bias’"

Comments from CommSec on today's Reserve Bank of Australia decision and Statement:

(In brief and bolding mine)

• The Reserve Bank adopted a 'conditional easing bias' in November. That is, the Reserve Bank indicated at the time that scope existed for lower interest rates "should that be appropriate to lend support to demand."
• The Reserve Bank Board didn't feel the need to act on that bias in December, and nor did it decide to take action at the latest meeting
• And if anything, the Reserve Bank has watered down the 'easing bias'
• It may not have become more hawkish (removed the bias or moved in favour of higher rates) but it certainly hasn't become more dovish as some commentators expected it would
• The Reserve Bank has clearly become more upbeat on the Australian economy, highlighting lower unemployment, stronger business lending, and above-average business conditions
• However, at the same time the RBA upgraded commentary on the Australian economy, it became a touch more downbeat on the global economy
• Is the Reserve Bank worried about the recent lift in the Australian dollar? Not in the least. The commentary on the Aussie was brief: "The exchange rate has continued its adjustment to the evolving economic outlook."