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Statement by Glenn Stevens, Governor: Monetary Policy Decision

  Author: Reserve Bank of Australia ( Reserve Bank of Australia )
 March, 2015
  Price: FREE


At its meeting today, the Board decided to leave the cash rate unchanged at 2.25 per cent.

Growth in the global economy continued at a moderate pace in 2014. A similar performance is expected by most observers in 2015, with the US economy continuing to strengthen, even as China’s growth slows a little from last year’s outcome.

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