Australia central bank holds rates at 1.5 percent

FAN Editor 6 years ago
FILE PHOTO: Business people walk outside the Reserve Bank of Australia in Sydney
FILE PHOTO: Business people walk outside the Reserve Bank of Australia (RBA) in Sydney May 5, 2015. REUTERS/Jason Reed/File Photo

February 6, 2018

SYDNEY (Reuters) – Australia’s central bank left its cash rate at 1.5 percent on Tuesday, a widely expected decision given policy makers have signalled 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 48 analysts had found all but one expected a steady outcome this week.

(Reporting by Wayne ColeEditing by Shri Navaratnam)

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