Australian CB keeps rates unchanged

Note: This section contains information in English only.
Source: The Sydney Morning Herald
On Tuesday, the Reserve Bank of Australia decided to keep the monetary policy course unchanged. The benchmark cash rate has been held at the previous level of 2.5%. Therefore, the RBA is now maintaing the main interest rate for ten meetings in a row. According to the RBA officials, the current economic growth and inflation in Australia perfectly fit the policy course of the CB.
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Tue, 01 Jul 2014 11:04:09 GMT

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