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RBA leaves cash rate on hold at 2.0 per cent

By Kylie Duffield

At its meeting today, the Reserve Bank of Australia decided to keep the cash rate on hold at 2.0 per cent.

The Board judged that there were reasonable prospects for continued growth in the economy, with inflation close to target. The Board therefore decided that the current setting of monetary policy remained appropriate.

http://www.rba.gov.au/media-releases/2016/mr-16-01.html?utm_source=Agencies+Aus-wide&utm_campaign=2331d2a3f0-RBA+Decision+02%2F02%2F2016&utm_medium=email&utm_term=0_b7711cda42-2331d2a3f0-39843441

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