You are here

Australian central bank keeps interest rates on hold, awaits further inflation data

Wednesday, September 7, 2016 - 05:50

Reserve Bank of Australia governor Glenn Stevens (left) hands the leadership baton to Philip Lowe in just under two weeks.


AUSTRALIA'S central bank stood pat on interest rates as it awaits further inflation data and weighs the impact of two cuts in the last four months.

In his final meeting, Reserve Bank of Australia governor Glenn Stevens and his board left the cash rate at 1.5 per cent on

Market voices on:

Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at

Powered by GET.comGetCom