Andrew from Vista Financial

Cash rate stays at 2%

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    At its meeting today, the Board decided to leave the cash rate unchanged at 2.0 per cent.

     

    The global economy is expanding at a moderate pace, with some further softening in conditions in China and east Asia of late, but stronger US growth. Key commodity prices are much lower than a year ago, in part reflecting increased supply, including from Australia. Australia's terms of trade are falling.

     

    See the full media release here: http://www.rba.gov.au/media-releases/2015/mr-15-18.html

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