Australia's RBA leaves rates unchanged at 4.25 pct

AUSTRALIA - The Reserve Bank of Australia Wednesday left interest rates unchanged following its April board meeting, despite expectations in some circles that it would begin the tightening cycle.

The RBA last moved rates in December when the cash rate was lowered to 4.25 per cent. The last time interest rates were lifted was in August 2000.

Economists have said that interest rates will begin to rise in the near future and the decision to leave rates unchanged today makes it more likely that the

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