Australia's central bank holds rates as it weighs past cuts


SYDNEY: Australia's central bank left interest rates at record lows on Tuesday as it waits for the three cuts already delivered to gain traction in a sluggish economy, though markets are wagering more easing will ultimately be needed.

The Reserve Bank of Australia (RBA) ended its last board meeting of the year by leaving the door open to another cut in its 0.75% cash rate.

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