July Interest Rate Decision

July 22, 2018 3:05 pm

Interest Rates on hold again for July

RBA Commentary for July 2018

The cash rate stays at 1.5% as:

• Inflation sits at 1.9%;

• The Australian dollar sits at .74c US;

• Wage growth forecasts to reach 2.20% in 2nd 2018 quarter; and

• National capital housing prices continue to fall.