Official Cash Rate unchanged at 1.75 percent
Release date –
23 March, 2017
Statement by Reserve Bank Governor Graeme Wheeler:
The Reserve Bank today left the Official Cash Rate (OCR) unchanged at 1.75 percent.
Macroeconomic indicators in advanced economies have been positive
over the past two months. However, major challenges remain with
on-going surplus capacity in the global economy and extensive
geo-political uncertainty.