RBA holds, no rate rise until late 2018

03 October 2017

 

The October meeting of the RBA Board is not one of the four months of the year traditionally associated with RBA rate changes. The months in which many rate changes have been made are February, May, August and November. The rationale put forward by economists is these are the months which follow the quarterly releases of CPI figures which may indicate growing inflation pressures. At the moment there are few...

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