Sentences with phrase «kept its rates unchanged since»
It has kept its rates unchanged since lowering by 25 basis points in June 2016.
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As you are aware, the Reserve Bank Board has kept the cash rate unchanged at 1.5 per cent since August last year.
Their excessive euphoria was further augmented by the banks which have kept local credit costs unchanged despite six interest - rate increases in the United States since the beginning of last year.
Given these considerations, and the current assessment of the economic outlook, the case for an easing was judged to have weakened since June, and thus the cash rate was again kept unchanged at both the July and August meetings.
The Bank of Canada has kept the target rate at 1 % since September 2010: that's more than 32 months, the longest period it has ever remained unchanged.