RBA: at its meeting today, the board decided to leave the cash rate unchanged at 1.50%, level of interest rates continuing to support the Australian economy

Market news

6 March 2018

RBA: at its meeting today, the board decided to leave the cash rate unchanged at 1.50%, level of interest rates continuing to support the Australian economy

Board judged holding policy rates consistent with sustainable economic growth, achieving inflation target
Outlook for non-mining investment has improved
Australian economy outlook is for growth faster this year than last

Reserve Bank of Australia says gradual pick up in inflation expected as the economy strengthens

U.S. 10-year treasury yield at 2.884 pct vs U.S. close of 2.879 pct on monday

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