The Reserve Bank of Australia has announced its decision on the official cash rate for this month following speculation from certain economists and commentators about a potential cut.
Despite some of the predictions about a cut for May, the Reserve Bank has decided to leave the official cash unchanged at 1.50% for the 32nd consecutive month.
Prior to the RBA announcement, St. George senior economist Janu Chan said it would be a close call for the RBA this month.
Whats your thoughts on the June cash rates?
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