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RBA unlikely to cut cash rate again

THE Reserve Bank is expected to keep the cash rate unchanged on Tuesday and only two are predicting another rate cut.

The Reserve Bank is expected to keep the cash rate unchanged on Tuesday.
The Reserve Bank is expected to keep the cash rate unchanged on Tuesday.

THE Reserve Bank is tipped to leave the cash rate unchanged on Tuesday, and most economists are predicting there will be no more rate cuts for the foreseeable future.

ALL 14 economists surveyed by AAP expect the RBA to keep the cash rate at two per cent at its October meeting, and only three are predicting that there will be another interest rate cut.

Original URL: https://www.news.com.au/finance/business/rba-unlikely-to-cut-cash-rate-again/news-story/9fd74abe094dfe7aec5cc52526b7e5fe