RBA interest rates: Reserve Bank of Australia leaves cash rate on hold at 3.85%
by Jonathan Barrett and Patrick Commins from World news | The Guardian on (#6YG2W)
Decision will come as shock to financial markets and large majority of experts who were sure RBA board would cut for a second straight meeting
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A divided Reserve Bank of Australia has held rates at 3.85%, in a surprise decision that denies further mortgage relief for millions of households.
The split decision came as a shock to financial markets and a large majority of experts who were sure the RBA board would cut interest rates for a second straight meeting.
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