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Inflation numbers to bring relief for mortgage holders
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PerthNow
Economists are forecasting that the Reserve Bank will leave Australia's cash rate on hold.
(Dean Lewins/AAP PHOTOS)Economists are forecasting that the Reserve Bank will leave Australia's cash rate on hold.
(Dean Lewins/AAP PHOTOS) Credit: AAPMortgage holders will likely be able to breathe a sigh of relief with the Reserve Bank largely tipped to keep interest rates on hold.
Governor Michele Bullock and the central bank's board will meet on Monday and Tuesday, with economists forecasting the cash rate to stay at 4.35 per cent.
"We see the downswing in growth being sufficient that the RBA begins to cut its cash rate in H2 2027."