Did the RBA just make a rate cut hat-trick?
The Reserve Bank has revealed its monthly verdict on interest rates for August 2019, following two consecutive cuts in June and July.
Rather than make it three in a row, the RBA board opted to leave interest rates on hold at their record low of 1 per cent, in a bid to gauge the effectiveness of its previous cuts, as well as on the back of some encouraging economic data released over the past week.
Read more at MyBusiness.
