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Global Finance: RBA fixed interest rate at 1.5%

RBA
RBA Source: AAP

At its Tuesday meeting, RBA decided to leave the cash rate unchanged at 1.50 per cent. What are the decisive factors behind the boards decision? How does the Statement of Monetary Policy Decision review the future of Australia economy? Ivan has asked Kam Yuen, finance planner from CoWealth Partners, to look into the details of RBAs monetary policy meeting in March 2017.


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By Ivan Leung

Source: SBS



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At its Tuesday meeting, RBA decided to leave the cash rate unchanged at 1.50 per cent. What are the decisive factors behind the boards decision? How does the Statement of Monetary Policy Decision review the future of Australia economy? Ivan has asked Kam Yuen, finance planner from CoWealth Partners, to look into the details of RBAs monetary policy meeting in March 2017.



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