Australia central bank shuts door on rate cuts, A$ surges

(Reuters) - Australia's central bank kept its main cash rate at a record low of 2.5 percent on Tuesday as widely expected but surprised some by saying further cuts were not in the cards - dropping its bias towards easing policy.

Australia central bank holds rates, opaque on policy outlook

SYDNEY (Reuters) - Australia's central bank kept its cash rate at a record low of 2.5 percent on Tuesday saying the full impact of past easing was still percolating through the economy, though it offered little guidance on the chance of further cuts.