TODAY'S TOP STORIES

Australia Maintains Monetary Policy As Expected

Australia's central bank left its monetary policy unchanged, as widely expected on Tuesday, and assessed that the new coronavirus variant Omicron is unlikely to derail the recovery.

The policy board of the Reserve Bank of Australia headed by Governor Philip Lowe decided to leave its cash rate unchanged at a record low of 0.10 percent.

Subscribe to continue reading the article.
This article is part of our premium content offering.Subscribe with a RTTNews subscription.
Subscribe Now
Already subscribed? Sign in

by RTTNews Staff Writer

For comments and feedback: editorial@rttnews.com

More TODAY'S TOP STORIES