A worker on his bike rides past the RBA building in central Sydney

Reuters: Australia’s RBA holds rates, leaves door open for cut

Article published: Mar 2, 2015 – out of date: no longer suitable for your IB Economics commentary

IB Economics syllabus: Macroeconomics (monetary policies)

Although a cut was awaited, the RBA held the rate unchanged, but an expansionary monetary policy might follow.

Source of image: Daniel Munoz, Reuters

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