The Reserve Bank of Australia has delivered the result of its monthly board meeting. As expected, board members decided to leave the cash rate at a record-low 2 per cent, where it has been since May. That was the result predicted by all 31 commentators surveyed by comparison website finder.com.au. Many of the experts felt…
Tag: cash rate
The Reserve Bank of Australia has announced the result of its monthly board meeting. The official cash rate has been reduced to a new record-low of 2.25 per cent after being left on hold at 2.5 per cent since August 2013. The Reserve Bank’s decision has come as a surprise: a finder.com.au survey of 30…