Archive for March, 2019

Official Cash Rate unchanged at 1.75 percent

Date: 27 March 2019 Official Cash Rate unchanged at 1.75 percent The Official Cash Rate (OCR) remains at 1.75 percent. Given the weaker global economic outlook and reduced momentum in domestic spending, the more likely direction of our next OCR move is down. Employment is near its maximum sustainable level. However, core consumer price inflation […]

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