June 5, 2018 / 4:51 AM / 5 months ago

Australia central bank holds rates at 1.5 percent

FILE PHOTO: An ibis bird perches next to the Reserve Bank of Australia headquarters in central Sydney, Australia February 6, 2018. REUTERS/Daniel Munoz

SYDNEY (Reuters) - Australia’s central bank left its cash rate at 1.5 percent on Tuesday, a widely expected decision given policymakers have said they see no strong case for a chance in policy.

The Reserve Bank of Australia (RBA) made the announcement following its monthly policy meeting. A Reuters poll of 48 analysts had found all but one saw a steady outcome.

Reporting by Swati Pandey; Editing by Richard Borsuk

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