The RBA Holds Rates as Expected

Written May 5, 2009 at 12:34 AM EST by  

RBA LEAVES CASH RATE UNCHANGED AT 3.00%; AS EXPECTED

- Sees signs of stabilization in several countries
- Monetary policy has been eased significantly
- Full effect of past easing have yet to be felt
- Inflation is softening but at a gradual pace
- Capacity Utilization will decline further

No Responses to “The RBA Holds Rates as Expected”

Add a comment