NEWS FLASH: Official interest rates unchanged

NEWS FLASH: Official interest rates unchanged

The Reserve Bank of Australia left the cash interest rates on hold at 1.75 per cent on Tuesday, although governor Glenn Stevens hinted at cuts ahead if inflation remains low. With continuing signs of weakening local economic activity and growing concerns over the...

KEY ALERT: INTEREST RATES ON HOLD

The Reserve Bank of Australia announced at 2:30pm (AEST) this afternoon that the cash rate will remain at 2.50%. RBA Governor Glen Stevens cited 4 key reasons behind their decision of continuing to keep interest rates at the same level since the last cut in August...