RBA Holds Rates at 1.5%

September 06, 2016
Marvin Coleman

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As widely expected, the RBA have just announced their decision to hold the cash rate at 1.5% - the lowest rate in the RBA's history.  It seems "Low interest rates have been supporting domestic demand and the lower exchange rate since 2013 is helping the traded sector."  Read the full announcement here. Many pundits expect no further changes this year.

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Posted in: Interest rates

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