RBA March decision – rate remains at 2

01 March 2016

 

The RBA left the cash rate at 2.00% at its March 2016 board meeting earlier today. This makes it the ninth meeting in a row where the official cash rate has not changed. Economists were not expecting any change and cash markets had factored in only a slim chance of a March cut, with the market pricing implying a much higher chance of a rate cut in coming months. The...

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