Australia central bank holds rates at 1.5 percent

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Reuters Staff

SYDNEY (Reuters) – Australia’s central bank left its cash rate at 1.5 percent on Tuesday, a widely expected decision given policy makers have signaled a steady outlook for some time to come.

The Reserve Bank of Australia (RBA) made the announcement following its monthly policy meeting. A Reuters poll of 48 analysts had found all but one saw a steady outcome this week.

Reporting by Wayne Cole; Editing by Shri Navaratnam

 

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