RBA announces May cash rate decision

The central bank’s cash rate decision has been revealed, following its monthly monetary policy board meeting.  The Monetary Policy Decision full statement by Philip Lowe, RBA Governor can be found here. https://www.rba.gov.au/media-releases/2019/mr-19-11.html Despite many economists expecting a cut, the Reserve Bank of Australia (RBA) has held the official cash rate at 1.5 per cent. [...]