The Reserve Bank of Australia held interest rates at 1.5% for the 19th meeting in a row today and continued to signal that a near-term rate hike is unlikely. Further ahead, with GDP growth likely to stay below potential and inflation to remain subdued, we expect the first rate rise won’t come until late 2019.
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.