Minutes of the Monetary Policy Meeting of the Reserve Bank Board – 2 May 2017: Unchanged at 1.50%
Statement by Philip Lowe, Governor: Monetary Policy Decision Number2017-09 Date 2 May 2017 At its meeting today, the Board decided to leave the cash rate unchanged at 1.50 per cent. There has been a broad-based pick-up in the global economy since last year. Labour markets have tightened further in many countries and forecasts for global growth…