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RBA: Will interest rates stay on hold today? It's likely, but not certain. This is why

From sbs.com.au

Interest rates are widely expected to remain on hold after the central bank's final monetary policy meeting of the year on Tuesday. Most experts are leaning towards no change to the official cash rate when Reserve Bank of Australia (RBA) board members gather for their final meeting of the year. The RBA lifted interest rates another quarter of a percentage point in November to 4.35 per cent, after several months of the cash rate being on hold. {Chart} The decision to lift interest rates followed a stronger month of data, including figures that showed inflation continued to ease. The RBA has been increasing interest ... (full story)

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  • Category: Fundamental Analysis