Reserve Bank governor Graeme Wheeler kept the official cash
rate at 2.5 percent in his debut review this morning, and is
keeping close tabs on the level of inflation after it dropped
below the bank's target band in the September quarter.
The Reserve Bank held the official cash rate at 2.5% as
expected but the main focus for markets will be what action
the United States Federal Reserve took early this morning
(about 3am) to help stimulate the US economy.