RBA minutes show central kept rates unchanged over euro fears
Minutes from the Reserve Bank of Australia's 1 June board meeting released on Tuesday revealed that global economic events led the central bank to leave rates on hold.
The nine members on the board agreed that the situation in Europe had deteriorated significantly over the previous month, and that in areas like Asia, where growth had recently been strong, it had become "more likely" that the withdrawal of policy stimulus would be delayed.
Members noted that the medium-term outlook for the
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