Search

RBA leaves cash rate at 2.25%

The Reserve Bank of Australia has left the cash rate unchanged at 2.25 per cent, after cutting it by 25 basis points in February.

RBA governor Glenn Stevens said the economy was still growing at a below trend pace and the Australia dollar was still too high, but it was appropriate to hold the cash rate steady for the time being after last month's reduction.

"Further easing of policy may be appropriate over the period ahead, in order to foster sustainable growth in demand and inflation consistent with the target," he said.

Login

(existing subscribers)

The password field is case sensitive.
Request new password

Sign up for free emails

Complete your details below to receive our twice-daily news emails and our BN Weekender.

CAPTCHA
Thanks! This question prevents spammers...
Image CAPTCHA
Enter the characters shown in the image.

Add your comment

BNIQ sponsored byECU School of Business and Law

Students

1st↑Curtin University44,835
2nd-South Metropolitan TAFE37,611
3rd-North Metropolitan TAFE30,000
4th↑Edith Cowan University28,780
5th↓University of Western Australia24,161
49 tertiary education & training providers ranked by total number of students in WA

Number of Employees

BNiQ Disclaimer