No change to rates – September 2013 RBA Announcement

The Reserve Bank of Australia (RBA) held their monthly board meeting today and have decided to leave the cash rate unchanged at 2.5 per cent (http://www.rba.gov.au/media-releases/2013/mr-13-17.html) Most parameters appear relatively stable except global financial markets which have shown some volatility as the US considers tapering quantitative easing. The RBA note that: Global growth is still … Continue reading No change to rates – September 2013 RBA Announcement