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Australia central bank holds rates at 1.5 pct

A man and a women walk into the Reserve Bank of Australia headquarters in Sydney, Australia.
Mark Metcalfe | Getty Images
A man and a women walk into the Reserve Bank of Australia headquarters in Sydney, Australia.

Australia's central bank kept its cash rate steady at 1.5 percent on Tuesday, a widely expected outcome given it was only a month since the last easing and the economic background had changed little since then.

The Reserve Bank of Australia (RBA) made the announcement following its monthly policy meeting. A Reuters poll of 33 analysts had found all expected a steady outcome this week.

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