#RBAinterest #ratedecision #Australia
The Australian Reserve Bank has been overthrown to continue waiting for interest rates at today's board meeting and provides some relief to hard printed households. More pause would see that the cash rate has been 4.1 percent since June. An expected pause will save a costly increase in mortgage repayments of millions of landlords. The new RBA Governor Michele Bullock will chair the Board of Directors of the Central Bank today Today's RBA Board of Directors meeting is chaired by the new Governor Michele Bullock, who succeeded in Philip Lowe at the beginning of this month. Most economists and credit experts, a new Finder.AU survey, interest rates expect to wait today, he said. However, some said that an increase in the later hours of the year was a probability. RBA will have to weigh inflation pressure in the economy, including a resurrected property price. Corelogic's National Home Value Index increased by 0.8 percent in September yesterday under the chairmanship of Perth, Brisbane and Adelaide. The average price price of a house is now 1,110.660 Sydney, $ 776.716 in Melbourne, and 691.591 Adelaide. Corelogic, since January, home values have improved by 6.6 percent and began to break a new record until the end of November.
