Australia central bank holds rates steady for a fifth month

Reuters News
Posted: Oct 05, 2015 11:55 PM

SYDNEY (Reuters) - Australia's central bank kept its cash rate unchanged at a record low 2.0 percent on Tuesday for a fifth straight month in a widely expected decision as it waited to judge the impact of past easings.

The Reserve Bank of Australia (RBA) made the announcement following its monthly policy meeting. All 25 analysts polled by Reuters last week expected no change this week. [AU/INT]

(Reporting by Ian Chua; Editing by Shri Navaratnam)