By - JENWM Support

Reserve Bank Australia holds cash rate at 0.10% and Australian Economic Outlook

At RBA meeting on 2 March 2021, Monetary Policy Decision was to maintain the cash rate and 3-year Australian Government bond at 0.10%. n n Due to the COVID-19 vaccine roll out, the global economic outlook is looking better than it was a few months ago while higher U.S longer-term bond yields have been noticed. n n Australia's economy is