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RBA keeps interest rates on hold

Matthew Cranston
Matthew CranstonUnited States correspondent
Updated

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Economists cut their growth forecasts following weaker than expected net exports numbers, as the Reserve Bank's held the official interest rate a record low of 1.5 per cent for the 28th time in a row.

The RBA said "uncertainty" in the economy continued but that a 3 per cent growth target for 2019 was still achievable.

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Matthew Cranston is the United States correspondent, based in Washington. He was previously the Economics correspondent and Property editor. Connect with Matthew on Twitter.

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    Original URL: https://www.afr.com/policy/economy/rba-keeps-interest-rates-on-hold-20190304-h1bz02