RBA Holds; AUD/NZD Stalls; Key Jobs Data to Shake it Up

The Reserve Bank of Australia held the Official Cash Rate (OCR) at 2.50%. Glenn Stevens noted that despite some improvements in the labor market, there is likely “some time yet before unemployment declines consistently”. This is a signal that the bank will keep rates low for a long period of time. …

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RBA Holds; AUD/NZD Stalls; Key Jobs Data to Shake it Up

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