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RBA keeps rates unchanged as expected

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Dec 1, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    FXStreet (Mumbai) - The Reserve Bank of Australia (RBA) left the cash rate unchanged at 2% as expected. The rates have stayed unchanged since May.

    The policy statement maintained once again that the US is adjusting to significant declines in commodity prices and inflation outlook may afford scope for further easing.

    Key Points

    Room for further policy easing if needed

    Inflation is low and should remain so

    Low rates supporting borrowing and spending

    Information suggests moderate expansion in the economy continues
    For more information, read our latest forex news.
     

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