reserve bank australia, rates

RBA urged to hold rates

Academics believe the Reserve Bank should take a ‘hold-and-wait’ approach to interest rates, even as some economists predict this week’s national accounts could reveal another quarter of the economy going backwards.

The central bank will hold its monthly board meeting on Tuesday faced with a series of generally subdued economic indicators but some easing in house price pressures.

Read the full article on Sky News.

Leave a Reply

Your email address will not be published. Required fields are marked *