The Reserve Bank has left the cash rate on hold at the record low of 0.25 at Tuesday's meeting.
The Reserve Bank has left the cash rate on hold at the record low of 0.25 at Tuesday's meeting. AMP Captial Chief economist Shane Oliver told Sky News the decision is "no surprise.
" "It is quite noteworthy the Reserve Bank has seen markets improve somewhat, and I have to agree they have," he said. "I think the Reserve Bank is feeling a little more comfortable that financial markets, lending markets in Australia are behaving in a more normal, functional manner."
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