Australia central bank holds rates at 1.5%

Published Tue, Jul 3, 2018 · 04:42 AM

[SYDNEY] Australia's central bank left its cash rate at 1.5 per cent on Tuesday, a widely expected decision given policy makers have signaled a steady outlook for some time to come.

The Reserve Bank of Australia (RBA) made the announcement following its monthly policy meeting. A Reuters poll of 34 analysts had found all but one saw a steady outcome this week.

REUTERS

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

International

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here