Comment on RBA Surprises on Interest Rate Hold

RBA Surprises on Interest Rate Hold

Investors' hopes for a rate cut down under dashed. The Reserve Bank of Australia held interest rates steady after cutting to a record low of 2.25 percent in February. The pause in trimming put heavy pressure on stocks, the benchmark Sydney Ordinaries falling half a percent after tapping a seven-year high earlier in the week.

 

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More News