RBA hold surprises none, analyst comment focuses on lack of easing bias
- Tuesday, 02 June 2015
A lack of any explicit forward guidance by the Reserve Bank of Australia (RBA) at its May monetary policy meeting defied widespread expectations for the reintroduction of an easing bias. The bank changed firmly into neutral gear, analysts say, when it left the cash rate on hold at 2 per cent at its meeting on June 2.
