FOREX TradingCharts.com

Financial News: Australia Keeps Key Interest Rate Unchanged

Australia Keeps Key Interest Rate Unchanged

09/05/2017 - 00:37:00 (RTTNews)

(RTTNews) - Australia's central bank decided to leave its key interest rate unchanged at a record low on Tuesday.

The board of the Reserve Bank of Australia, governed by Philip Lowe, maintained the cash rate at 1.50 percent. The bank had reduced the rate by 25-basis points each in August and May last year.

The bank noted that the low level of interest rates is continuing to support the Australian economy.

"The Board judged that holding the stance of monetary policy unchanged at this meeting would be consistent with sustainable growth in the economy and achieving the inflation target over time," the bank said in a statement.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2017 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


U.S. Import And Export Prices Climb More Than Expected (20 min(s), 38 sec(s) ago)
(RTTNews) - A report released by the Labor Department on Tuesday showed increases in U.S. import a ...Full Story»

U.S. Housing Starts Unexpectedly Slide 0.8% In August (27 min(s), 38 sec(s) ago)
(RTTNews) - New residential construction in the U.S. unexpectedly decreased in the month of August ...Full Story»

Hungary's Central Bank Holds Base Rate, Trims Overnight Deposit Rate (40 min(s), 38 sec(s) ago)
(RTTNews) - Hungary's central bank left its key interest rate unchanged for a sixteenth straig ...Full Story»

U.S. Import And Export Prices Climb More Than Expected In August (54 min(s), 38 sec(s) ago)
(RTTNews) - A report released by the Labor Department on Tuesday showed increases in U.S. import a ...Full Story»

U.S. Housing Starts Unexpectedly Drop 0.8% In August (59 min(s), 38 sec(s) ago)
(RTTNews) - New residential construction in the U.S. unexpectedly decreased in the month of August ...Full Story»

Poland Industrial Output Growth Tops Expectations; PPI Inflation Accelerates (01 hr(s), 18 min(s), 38 sec(s) ago)
(RTTNews) - Poland's industrial production grew more than forecast in August and producer pric ...Full Story»

German ZEW Economic Confidence Strengthens In September (02 hr(s), 03 min(s), 38 sec(s) ago)
(RTTNews) - Germany's economic confidence strengthened for the first time in four months in Se ...Full Story»

Bulgaria Current Account Surplus Grows In July (02 hr(s), 43 min(s), 38 sec(s) ago)
(RTTNews) - Bulgaria's current surplus increased notably in July from a year ago, figures from ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

U.S. Import And Export Prices Climb More Than Expected

09/19/2017 - 09:16 AM (RTTNews)
(RTTNews) - A report released by the Labor Department on Tuesday showed increases in U.S. import a ...Full Story>>

U.S. Housing Starts Unexpectedly Slide 0.8% In August

09/19/2017 - 09:09 AM (RTTNews)
(RTTNews) - New residential construction in the U.S. unexpectedly decreased in the month of August ...Full Story>>

Hungary's Central Bank Holds Base Rate, Trims Overnight Deposit Rate

09/19/2017 - 08:56 AM (RTTNews)
(RTTNews) - Hungary's central bank left its key interest rate unchanged for a sixteenth straig ...Full Story>>

U.S. Import And Export Prices Climb More Than Expected In August

09/19/2017 - 08:42 AM (RTTNews)
(RTTNews) - A report released by the Labor Department on Tuesday showed increases in U.S. import a ...Full Story>>

U.S. Housing Starts Unexpectedly Drop 0.8% In August

09/19/2017 - 08:37 AM (RTTNews)
(RTTNews) - New residential construction in the U.S. unexpectedly decreased in the month of August ...Full Story>>

Binary Options Articles Courtesy of NADEX

These pages, and all content ©TradingCharts.com Inc and other copyright holders. Permission is not granted to redistribute charts, data, news or other information found on this site, in any manner. Although it is believed that information provided is accurate, TradingCharts will not accept liability for any loss or damage that may arise from use of the content, inability to access the website, or delay or failure of receive of any information provided through this site.