The official cash rate is expected to remain on hold for some time, but that doesn’t mean that retail interest rates will remain completely static. The Reserve Bank will update the rate on Wednesday but is expected to leave it at 5.5%. The bank says that is the peak that it expects the rate to reach. Some other economists still expect another increase is likely, but not until the end of the year. But other factors affect the retail rate that borrowers, such as those with home loans, pay. One of those is what other central banks around the world are doing. Infometrics chief executive Brad Olsen said this would have an ... (full story)