Global Macro Service > Data Insights > Asia Pacific

Cash rate stays on hold at 1.5%

As widely expected, the Board of the Reserve Bank of Australia decided to leave the cash rate unchanged at 1.5%. The Board highlighted continued improvements in the global economy and strong employment growth over recent months, but voiced concerns regarding the AUD and the pace of growth in housing debt.

To read the full briefing please
If you are not a subscriber, request a free trial of our Global Macro Service by filling out the form below