The Reserve Bank of Australia has announced its decision on the interest rate

The RBA announces an unchanged interest rate of 0.25%, the same as prior

The RBA says their current political position is sufficient to secure a recovery in the economy, combined with a fiscal response determined by the government.
Once the pandemic peak is over, recovery in the global economy is expected.
If conditions continue to improve, smaller and rarer bond purchases may be needed.

 Trader Georgi Bozhidarov

Read more:
If you think, we can improve that section,
please comment. Your oppinion is imortant for us.
WARNING: Any news, opinions, research, data or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice. Varchev Finance Ltd. expressly disclaims any liability for any lost principal or profits which may arise directly or indirectly from the use of or reliance on such information. Varchev Finance Ltd. may provide information, quotes, references and links to or from other sites and blogs and other sources of economic and market information as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the sites, blogs or other sources of information.
Varchev Finance