RBA signals no more interest rate cuts

Reserve Bank of Australia deputy governor Glenn Stevens said on Wednesday 17 September "Although in early June a case to ease looked like it was building, it had not strengthened sufficiently by the time of the July meeting to warrant action."

Source: The Age

Australia's central bank signalled on Wednesday interest rate cuts were off the agenda for now, as the risks to a global economic recovery diminished.

Reserve Bank of Australia deputy governor Glenn Stevens also said Australia's economy ha