RBA announce no change to the cash rate. At its meeting today, the Board decided to leave the cash rate unchanged at 1.50 per cent. Here is the full statement by Philip Lowe, RBA Governor, monetary policy decision June 06. 2017 The broad-based pick-up in the global economy is continuing. Labour markets have tightened further inContinue reading “RBA leave rates unchanged at 1.50%”
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RBA on hold with rates
As expected, the Reserve Bank of Australia decided to stay with cash rate at 1.5%. Here is the full statement of Governor Philip Lowe and Monetary policy decision: At its meeting today, the Board decided to leave the cash rate unchanged at 1.50 per cent. There has been a broad-based pick-up in the global economyContinue reading “RBA on hold with rates”
Reserve Bank of Australia on hold with rates
As expected, the RBA hold key interest rates at 1.5%. Here is the RBA Governor Lowe’s statement, full text: At its meeting today, the Board decided to leave the cash rate unchanged at 1.50 per cent. Conditions in the global economy have improved over recent months. Both global trade and industrial production have picked up. Labour markets haveContinue reading “Reserve Bank of Australia on hold with rates”