RBA leaves rates at 2.00%

02 February 2016

 

The RBA left the cash rate at 2.00% at its February 2016 board meeting today. The board had not meet since early December 2015 and with plenty of volatility in global markets, investors were keen to see how the bank thought this would influence local interest rate policy. Well it seems not much. The bank said that the global economy was continuing to grow albeit more slowly than forecast. Inflation...

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