Australia’s central bank is set to keep interest rates unchanged at Governor Philip Lowe’s final meeting amid mounting signs that its tightening campaign is slowing inflation without doing too much damage to the economy. The Reserve Bank will hold its cash rate at 4.1% for a third straight meeting on Tuesday, all-but-one economist predicted, as 11-year high borrowing costs slow demand. Lowe has characterized policy as being in “calibration phase,” whereby the board may make small adjustments in response to economic data. Latest figures showing the country’s inflation rate came in better than expected at 4.9%, down ... (full story)