The Conversation

RBA leaves cash rate unchanged at record low 2%: experts respond

Author: The Conversation

RBA governor Glenn Stevens said moderate expansion is continuing in the Australian economy.AAP Image/Lukas Coch

The Reserve Bank of Australia has decided to leave the official cash rate unchanged at a record low of 2%, but said there was scope for a rate cut down the line.

In a statement on the RBA website, governor Glenn Stevens said:

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