Australia stands pat on rates, cites uncertainty

 

Australia stands pat on rates, cites uncertainty

08:30:13 | 07/09/2010 - Source: MarketWatch

Australia stands pat on rates, cites uncertaintyAustralia's central bank kept its policy interest rate at 4.5% Tuesday, with the bank's governor saying the global outlook is "somewhat uncertain." The Reserve Bank of Australia had been widely expected to stand pat, particularly after minutes from its Aug.

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