Australia Central Bank Holds Rates Steady For A Fifth Month

ReserveBankofAustralia_May2015 — Business people walk outside the Reserve Bank of Australia (RBA) in Sydney on May 5, 2015. Reuters/Jason Reed

SYDNEY (Reuters) - Australia's central bank kept its cash rate unchanged at a record low 2.0 percent on Tuesday for a fifth straight month in a widely expected decision as it waited to judge the impact of past easings.

The Reserve Bank of Australia (RBA) made the announcement following its monthly policy meeting. All 25 analysts polled by Reuters last week expected no change this week.

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Australia Central Bank Holds Rates Steady For A Fifth Month

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