RBA set to continue its longest run of record low interest rates

PHOTO: RBA Governor Philip Lowe is expected to keep the cash rate at 1.5 per cent. Picture: Hollie Adams/The Australian.

HOMEOWNERS will continue to enjoy Australia’s longest run of record low interest rates, with the RBA expected to remain on the sidelines — at least for this month.

The Reserve Bank board meets for its first monetary policy meeting of 2018 next week and despite widespread belief that this is the year that rates rise again, all the signs point to that coming later rather than sooner.

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