Zenith Finance Blog

Feb 2012 RBA leaves interest rates the same (4.25%)

The Reserve Bank Board have today decided to leave the cash rate target to 4.25%. `

If you’d like to find out why click here to see their media release.

But what are they thinking?!

Personally, I find it outrageous that in a statement by the RBA justifying Australian interest rates staying on hold begins with 2 paragraphs about what’s happening in Europe, United states and Asia.

Click here to read my full vent on the topic

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