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As markets tumble, RBA keeps rates on hold at record low of 1.5pc

The Reserve Bank has left official interest rates on hold at the record low of 1.5 per cent.

As markets tumble, RBA keeps rates on hold at record low of 1.5pc
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As markets tumble, RBA keeps rates on hold at record low of 1.5pc

The stance was widely anticipated, with the futures market pricing in zero chance of a move and not one economist surveyed by the Bloomberg or Reuters news agencies forecasting a shift in policy from the bank.

Read the full article on ABC Online.

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