-
Up, down or hold? Experts predict Michele Bullock's first RBA rates announcement
Interest rates are unlikely to budge at the Reserve Bank of Australia's October meeting but a final hike before the end of the year remains on the table. Australia's central bank has left the official cash rate unchanged at 4.1 per cent for the past three months as it monitors its handiwork so far. Tuesday afternoon's meeting will be the first under the leadership of new governor Michele Bullock. A replacement for her former role as deputy governor has yet to be found heading into the October meeting. A number of factors will be taken into consideration by the RBA when considering whether the official cash rate will ... (full story)