Australian CB keeps monetary policy unchanged

Note: This section contains information in English only.
Source: Bloomberg
The Reserve Bank of Australia decided to keep the monetary course unchanged, while the benchmark interest rate remained at 2.5% level. As announced, the inflation pressure in the country decreases. At the same time, government spending cuts give the RBA more space to act in the future. Policy makers decreased the main interest rate by 2.25% since 2011 to avoid recession in the country.
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