Australia's central bank holds rates at 1%

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Australia's central bank holds rates at 1%
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Australia's central bank left its cash rate at 1% on Tuesday, a widely expe...

FILE PHOTO: Two women walk next to the Reserve Bank of Australia headquarters in central Sydney, Australia February 6, 2018. REUTERS/Daniel Munoz/File Photo

SYDNEY - Australia’s central bank left its cash rate at 1% on Tuesday, a widely expected decision as it gauges the impact of cuts in both June and July. The Reserve Bank of Australia made the announcement following its monthly meeting. A Reuters poll of 36 analysts had found all but one expected a steady outcome this week.

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