Australia Keeps Interest Rate Unchanged

Australia’s central bank kept interest rates unchanged today as cuts in May and June help sustain household demand and the local currency’s strength contains inflation.
Quake Impact Could Exceed 20% of GDP: IHS
06:45 - IHS Asia-Pacific Chief Economist Rajiv Biswas discusses the economic impact of the earthquake in Nepal with Bloomberg’s Angie Lau and Rishaad Salamat on “Asia Edge.” (Source: Bloomberg)
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