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Are we in for a prolonged pause on interest rates? Some economists think so
Key takeaways
- Borrowers could be in for a prolonged pause on interest rates.
- Members of the RBA's Monetary Policy Board head into their two-day meeting this afternoon for their all important decision on whether borrowers will get interest rate relief.
- Going into the meeting all signs point to a decision to hold, with top economists from CBA, ANZ, NAB, Westpac and HSBC predicting rates will remain the same.
Why this matters: an international story with cross-border implications worth tracking.
Borrowers could be in for a prolonged pause on interest rates. (ABC News: John Gunn)
Link copied Share Share article Leading economists at all four major banks are now predicting the Reserve Bank of Australia will leave interest rates on hold at 4.35 per cent on Tuesday following its regular meeting.
Members of the RBA's Monetary Policy Board head into their two-day meeting this afternoon for their all important decision on whether borrowers will get interest rate relief.
Article preview — originally published by ABC Australia. Full story at the source.
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