International Economic Week in Review: The RBA and Bank of England Maintain Rates

           The global economy continues to show signs of stronger growth.  The RBA kept rates at 1.5%.  A look at the underlying data showed an economy that is in pretty solid shape.  The Bank of England kept rates at .5% and, despite the potential negative impact of Brexit, the economy continues to grow modestly.  News from the EU continues to show a region that is (finally) emerging from its weak growth.