Category: Business, Economics and Finance / Economic Trends / Markets / Money and Monetary Policy

Reserve Bank leaves interest rates on hold

Tuesday, 7 Jun 2016 12:30:36

The Reserve Bank of Australia has kept interest rates on hold at a historic low of 1.75 per cent as widely expected.

Last month the RBA moved to head off fears about deflation, cutting its official cash rate by 25 basis points.

More to come.



 

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