RBA Holds Key Rate at Record-Low 2.75% After Currency Weakens

RBA Holds Key Rate at Record-Low 2.75% After Currency Weakens

Dan Himbrechts/Bloomberg

Pedestrians cross a street in front of the Westfield Parramatta shopping mall in western Sydney. Australia’s consumer confidence jumped 4.7 percent last month as optimists outweighed pessimists in a private survey.