Mortgage 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. The prediction follows a surprise fall in inflation, despite it still being well above the bank’s target band of two to three per cent. Senior economist at NAB, Taylor Nugent, said the RBA would likely fall into line with market forecasts. “We see the downswing in growth being sufficient that the RBA begins to cut its cash rate in H2 2027.”