#RatesOnHold
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December interest rate decision
The RBA has once again left the cash interest rate on hold ending the year at a low of 1.5%. The cash rate has remained unchanged since August 2016!
Key points:
No surprises here, but the official cash rate has been kept on hold again at 1.5%.
Ending the year with the low, the 1.5% cash rate has remained unchanged since August 2016!
Most analysts are expecting rates to remain on hold until late 2018.
Read on for the basis of the RBA’s decision.
(more…)
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