Media Release Number 2010-02 Date 2 February 2010 Embargo For Immediate Release Statement by Glenn Stevens, Governor: Monetary Policy Decision At its meeting today, the Board decided to leave the cash rate unchanged at 3.75 per cent. The global economy is growing, and world GDP is expected to rise at close to trend pace in [...]
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Interest Rates on Hold
by on February 2, 2010
Today the Reserve Bank has decided to hold the cash rate. This is a pleasant surprise despite much market commentary backing a rate rise. It is some reprieve for most to see it hold this month after the consecutive increases at the end of last year. Attached is the Governor Glenn Steven's media address on [...]
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