RBA: September rates on hold, economists’ views diverge

01 September 2015

 

The RBA decision to maintain the official cash rate at 2.00% came as no great surprise to the markets, although the Aussie dollar went 0.50 cents higher immediately after the decision. The RBA seems satisfied with the level of the currency and no longer thinks further depreciation seems both likely and necessary as it did in a previous statement. As in past statements, the RBA expressed some positive views of...

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