Interest rates to remain unchanged

At today’s meeting the RBA has decided to keep interest rates on hold.

“the Board decided to maintain the current policy settings, including the targets for the cash rate and the yield on 3-year Australian Government bonds of 25 basis points.” – Philip Lowe

Corona Virus has obviously played a major part in the decision making as there is so much uncertainty around the future. Click here to read the full article.

 

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Interest rates to remain unchanged

04/08/2020

Article posted by Professionals Christies Beach