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Aussie central bank keeps rates unchanged

RBA leaves rates at record low of 1.5% after easings in August and May last year

Published Tue, May 2, 2017 · 09:50 PM

    Sydney

    AUSTRALIA'S central bank held rates steady for a ninth straight month on Tuesday in a widely expected decision as it balances the risk of rising household debt against subdued inflation and wages growth.

    The Reserve Bank of Australia (RBA) kept rates at a record low 1.5 per cent following easings in August and May last year.

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