The Reserve Bank of Australia (RBA) left the cash rate unchanged at 1.5 per cent at the December meeting of its board, the last meeting for 2018. This is the 26th consecutive time the bank has left the rate on hold, the lowest on record. This record period of inaction by the RBA has now extended beyond two years. For many months, the RBA has said the next change in interest rates is …
Continue Reading about RBA keeps rates on hold at record low →
