Australia central bank holds rates at 1.5 percent

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Australia central bank holds rates at 1.5 percent

Australia central bank holds rates at 1.5 percent 1

A man smokes next to the Reserve Bank of Australia headquarters in central Sydney, Australia February 6, 2018. REUTERS/Daniel Munoz/Files

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 43 analysts had found all but one saw a steady outcome this week.

Reporting by Wayne Cole; Editing by Shri Navaratnam

Our Standards:The Thomson Reuters Trust Principles.

Images are for reference only.Images gathered automatic from google.All rights on the images are with their original owners.

2018-12-06 02:43:03

Images are for reference only.Images gathered automatic from google.All rights on the images are with their original owners.

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