Australia central bank pins hope on quicker economic recovery after pandemic shutdown

SYDNEY (Reuters) - Australia's central bank held rates at all-time lows on Tuesday and sounded less gloomy as the economy gradually re-opens during what is likely to be the worst quarter since the Great Depression.The Reserve Bank of Australia (RBA) left rates at 0.25% at its monthly policy meeting in a widely expected decision, and said the "accommodative approach will be maintained as long as it is required." In a short post-meeting statement Governor Philip Lowe said the RBA was prepared to..