RBA Governor Lowe bows out leaving interest rates unchanged
The Reserve Bank Governor Philip Lowe has used his final monthly meeting to leave interest rates on hold for a third successive month.
The RBA has exercised caution in holding rates steady but commentators are divided on whether the next move will be up or down. (Image source: Shutterstock/API Magazine)
The Reserve Bank Governor Philip Lowe has used his final monthly meeting to leave interest rates on hold for a third successive month.
The RBA Board decided to leave the cash rate target unchanged at 4.10 per cent, pointing to subsiding inflation, broad economic uncertainty and earlier interest rate hikes still working their way through the economy.
The decision to hold came as little surprise, with all but one of 38 panellists from Finder’s RB…
