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Home>Australia's Central Bank Keeps Rates Unchanged

Australia's Central Bank Keeps Rates Unchanged

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Tue, 6 Dec 2016

Australia's central bank left interest rates unchanged at a policy meeting Tuesday, despite concerns that the resource-rich economy has slowed sharply in the second half of the year. The Reserve Bank of Australia's benchmark rate was kept at a record low 1.5%, as expected by all 10 economists
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