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The Guardian - AU
The Guardian - AU
National
Peter Hannam

Analysts predict RBA will leave cash rate at 3.6% for second consecutive month

RBA CBA Inflation ANZ Warren Hogan Indeed Westpac
The central bank broke its record run of 10 consecutive rate rise increases at its April meeting while indicating its job of curbing inflation may not be over.
The central bank broke its record run of 10 consecutive rate rise increases at its April meeting while indicating its job of curbing inflation may not be over. Photograph: Getty Images

Australian borrowers face only an outside chance the Reserve Bank will lift its interest rate on Tuesday: markets and most economists are tipping the central bank will extend its pause for a second month.

The RBA board will probably leave its cash rate at 3.6% when it reveals its verdict at 2.30pm (AEST). The central bank broke its record run of 10 consecutive rate rise increases at its April meeting while indicating its job of curbing inflation may not be over.

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