Experience the Decision Economics Difference for yourself.
Australia: RBA Easing Bias Remains, But Continued Policy Pause?
- Surprising few, the Reserve Bank of Australia (RBA) decided to keep the Cash Rate unchanged at 3% at its meeting in April.
- The accompanying statement by Governor Stevens showed few changes. Beginning with its assessment of the global economy, the RBA noted that growth is still forecast to be a little below average for a time, but also observed that downside risks appeared to be reduced.