Welcome to the TFC Commodity Trading Forum.
Please feel welcome to join in on these informative ongoing discussions about trading futures and commodities.

The Trading Forum is intended for the open discussion of commodities trading. The management of this Forum does not agree or disagree with the ideas exchanged, and does not exert editorial control over the message posted herein. Read and post at your own risk. The risk of loss in trading or commodities can be substantial. We discourage the use of this Forum to promote trading that is acknowledged to be risky. Please note: many links from the Forum lead to pages on other web sites. We cannot take responsibility for nor endorse the information presented on those sites.

TFC Commodity Trading Forum

Australia's RBA keeps key rate at 4.75%

Australia's RBA keeps key rate at 4.75% (by Sarah Turner)

SYDNEY (MarketWatch) -- The Reserve Bank of Australia kept its key rate on hold at 4.75% on Tuesday, as widely expected. The RBA said in a statement alongside its decision that "the current mildly restrictive stance of monetary policy remained appropriate in view of the general macroeconomic outlook." The Australian dollar traded down 0.3% at $1.0319 after the decision.

Messages In This Thread

Australia's RBA keeps key rate at 4.75%