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Australia central bank holds rates at 1.5%

Tuesday, May 2, 2017 - 13:02

Reserve Bank of Australia.jpg
The Reserve Bank of Australia (RBA) made the announcement following its monthly policy meeting.

[SYDNEY] Australia's central bank left its cash rate at 1.5 per cent on Tuesday, a widely expected decision given policy makers have signalled a steady outlook for much of the year ahead.

The Reserve Bank of Australia (RBA) made the announcement following its monthly policy meeting.

All 71 economists in a Reuters poll expected a steady outcome this week.

REUTERS

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