RBA leaves interest rates on hold
By Lorna Brett · 7 February 2012 · Economy
By Lorna Brett · 7 February 2012 · Economy
The Reserve Bank of Australia has ended months of speculation with a bold move. But what does it mean for your wallet?
The Reserve Bank of Australia (RBA) left interest rates on hold at 4.25 percent today, ending widespread speculation amongst analysts it would cut rates for the third month in a row.
Tags: Glenn Stevens, Interest rate, interest rate held, interest rate unchanged, interest rates at 4.25%, interest rates on hold, Official Australian interest rate, Rba