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Australia central bank holds rates at 1.5 percent

Published 06/05/2018, 12:48 AM
Updated 06/05/2018, 12:50 AM
© Reuters. An ibis bird perches next to the Reserve Bank of Australia headquarters in central Sydney

SYDNEY (Reuters) - Australia's central bank left its cash rate at 1.5 percent on Tuesday, a widely expected decision given policymakers have said they see no strong case for a chance in policy.

The Reserve Bank of Australia (RBA) made the announcement following its monthly policy meeting. A Reuters poll of 48 analysts had found all but one saw a steady outcome.

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