RBA holds in line with the narrow consensus
- Tuesday, 07 April 2015
At its third monetary policy meeting of 2015 the Reserve Bank of Australia (RBA) surprised slightly more analysts than had correctly predicted its decision. Despite electing not to cut in April, analysts now point to ongoing caution around monetary policy on the part of the RBA – though some see signs in the bank's statement which they believe may mean a reduced likelihood of more cuts to come.
