RBA Sits Tight, Q1 GDP Up Next
Marc Chandler
June 01, 2010
The Reserve Bank of Australia met earlier today and as widely expected kept the official rate steady at 4.5%. The tone of the statement was fairly neutral, as one might expect after 6 rates hikes since last October and increased uncertainty about the economic outlook of Europe and China.
Australia reports Q1 GDP figures first thing in the Australi…
Australia reports Q1 GDP figures first thing in the Australi…
RBA Sits Tight, Q1 GDP Up Next
Reviewed by Marc Chandler
on
June 01, 2010
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