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Reuters
Reuters
Business

Australia central bank holds rates at 1.5 percent

FILE PHOTO: An Australia Dollar note is seen in this illustration photo June 1, 2017. REUTERS/Thomas White/Illustration/File Photo

SYDNEY (Reuters) - Australia's central bank left its cash rate at 1.5 percent on Tuesday, a widely expected decision given policy makers have signalled a steady outlook for much of the year ahead.

The Reserve Bank of Australia (RBA) made the announcement following its monthly policy meeting. A Reuters poll of 68 analysts had found all but one expected a steady outcome this week.

(Reporting by Wayne Cole)

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