Tag: economists

  • Reserve bank leaves interest rates at 1.5%

    Reserve bank leaves interest rates at 1.5%

    In an unprecedented move, the Reserve Bank has left interest rates at 1.5% for the seventh month in a row. This was the first meeting of 2017 and it has surprised economists that the rates have stayed the same despite concerns about the housing market and the growing economy. The bank’s governor Philip Lowe has…