Australian CB unchanges the monetary policy

Source: RTT News
The Reserve Bank of Australia decided to maintain its monetary course, keeping the benchmark interest rate at the record low mark of 2.5% for seventh month in a row. Moreover, the RBA pointed on stability period in monetary policy, however, the inflationary pressure remains quite high. Prices in the country will probably add 2-3%, in line with the RBA target for 2014-2016.
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