RBA Keeps Interest Rates On Hold (Jul 2018)

CoreLogic Interest rate comments with Tim Lawless, head of research: 

Economic conditions remain reasonably stable, housing market growth continues to slow, household debt is at record highs, and inflation remains around the lower end of the RBA target range. With this scenario as a backdrop, the hold decision today from the RBA was widely anticipated.  It is looking increasingly as if the cash rate will hold at record lows throughout 2019; this is the view of financial markets where the ASX…