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Australia central bank holds rates at 1.5%

Tuesday, June 6, 2017 - 12:53

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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.

[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. A Reuters poll of 68 analysts had found all but one expected a steady outcome this week.

REUTERS

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