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2 years ago
Australia central bank holds rates at 2 pct
November 3, 2015 / 3:34 AM / 2 years ago

Australia central bank holds rates at 2 pct

SYDNEY, Nov 3 (Reuters) - Australia's central bank kept its cash rate steady at a record low of 2.0 percent on Tuesday, but said low inflation offered scope to ease further if needed.

The Reserve Bank of Australia (RBA) made the announcement following its monthly policy meeting. A Reuters poll of 21 analysts had found 17 expected no change this week, with the remainder calling for a cut. (Reporting by Wayne Cole)

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