SYDNEY (Reuters) - Australia’s central bank left its cash rate at a record low of 0.1% on Tuesday, and reiterated its outlook that rates could remain there until 2024 as it seeks full employment in the economy.
The Reserve Bank of Australia (RBA) made the announcement following its monthly meeting. A Reuters poll found all 15 analysts expected a steady outcome this week. [AU/INT]
Reporting by Wayne Cole; Editing by Shri Navaratnam
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June 01, 2021 at 11:43AM
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Australia's central bank holds cash rate at record-low 0.1% - Reuters.com
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