RBA Decision 04.06.13

RBA holds interest rate at 2.75%

At its meeting today the Reserve Bank of Australia Board has decided to keep the cash rate on hold at 2.75%. 

In the associated statement, Governor Glenn Stevens said the board judged that the easier financial conditions now in place will contribute to a strengthening of growth over time, consistent with achieving the inflation target.

To view the full statement, simply click here

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