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RBA leaves interest rates on hold

Sep. 06, 2016 1:48 AM ETEWA, IAF, KROO, AUSE, EWAS, FAUS, QAUS, HAUD, DBAUBy: Yoel Minkoff, SA News Editor
  • Citing reasons such as continued growth, low inflation and mixed labor market data, the RBA kept rates unchanged at a record low of 1.5%, but warned the climbing Aussie dollar could complicate the country's economic recovery.
  • There were also mentions of the prolonged period of low commodity prices and rising housing costs keeping Australia's terms of trade lower than they have been in recent years.
  • ETFs: EWA, IAF, AUSE, KROO, EWAS, FAUS, QAUS, HAUD, DBAU

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