The Central Bank of Australia left the interest rate and target rate unchanged. Economists’ forecasts

The Reserve Bank of Australia on Tuesday left the rate on the cash rate and the yield on three-year bonds at 0.25%. The bank would buy Australian government securities on Wednesday to keep yields in line with the target. The three-year yield fell 1.4 basis points to 0.255%, the largest decline since June 11. The …

The Central Bank of Australia left the interest rate and target rate unchanged. Economists’ forecasts Read More »