RBA Keeps OCR On Hold At 2%, Current Account Deficit Widens

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Mar 1, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Sep 9, 2015
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    The Reserve Bank of Australia left the official cash rate unchanged after assessing an effect recent global financial turbulence has had on domestic growth, but kept doors open for further monetary policy easing if economic conditions worsen substantially. The central bank kept the cash rate at record low of 2%,[​IMG]

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