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Australia central bank holds rates at 1.5 percent
September 5, 2017 / 4:51 AM / 15 days ago

Australia central bank holds rates at 1.5 percent

Pedestrians walk past the Reserve Bank of Australia building in central Sydney, Australia, March 7, 2017. REUTERS/David Gray/File Photo

SYDNEY (Reuters) - Australia’s central bank left its cash rate at 1.5 percent on Tuesday, a widely expected decision given policy makers have signalled a steady outlook for some time to come.

The Reserve Bank of Australia (RBA) made the announcement following its monthly policy meeting. A Reuters poll of 42 analysts had found all but one expected a steady outcome this week.

Reporting by Wayne Cole

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