RBA Interest Rate Decision!
Good afternoon all,
No great surprise and in line with our expectations, the RBA convened its monthly meeting and decided to leave its official interest rate unchanged, at 1.5%. Ignoring current market volatility, overall the RBA is quite happy with broader economic conditions (and Inflation remains low). Its full statement can be read here.... http://www.rba.gov.au/media-releases/2018/mr-18-01.html