RBA- Cash rate unchanged at 4.25 per cent.

[Mick C]

http://www.rba.gov.au/media-releases/2012/mr-12-02.html

At its meeting today, the Board decided to leave the cash rate unchanged at 4.25 per cent.....



Regards
Michael

 

[devo76]

makes sense i guess. Why drop if you dont have to. More ammo for later if needed.
13 of 14 economists got it wrong. Funny stuff.

 

[Mick C]

Or maybe the 13/14 economists were right...and the RBA got it wrong

such is life...