RBA assistant governor Sarah Hunter. — Reuters
SYDNEY: Australia’s central bank says it remains more cautious than the market about the prospects for further policy easing, after it cut interest rates for the first time in over four years last month.
The Reserve Bank of Australia (RBA) cut interest rates by a quarter-point to 4.1% at its February meeting, with the board saying it did not want to lag other central banks that had already eased.
