Friday, 29 June 2012

RBA To Keep Rates Steady At 3.50% - Poll


PREVIEW: Australia's central bank will sit pat at a policy meeting Tuesday, keeping its cash rate target at 3.50%, according to all 15 economists surveyed by Dow Jones Newswires. With 75 basis points in cuts announced since May 1, economists say the RBA has scope to pause and take stock, especially with 1Q GDP data recently showing the economy was the fastest growing among developed nations.

Share/Bookmark Find us on Google+

No comments:

Post a Comment