Tag: Australian Cash Rate

The Reserve Bank of Australia has left the cash rate unchanged at 2 per cent for September. This will be the fourth consecutive month the rate has remained unchanged. RBA Governor, Glen Stevens said “the economy is likely to be operating with a degree of spare capacity for some time yet, with domestic inflationary pressures […]

The Reserve Bank of Australia (RBA) has left interest rates unchanged at its monthly meeting today, with Governor Glenn Stevens saying it doesn’t appear the world economy is headed for another deep downturn.