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AAP
AAP
Business
Jacob Shteyman

Don't put money on rates relief soon, borrowers warned

Interest rates will have stayed unchanged for 12 months when the Reserve Bank has its next meeting. (Mick Tsikas/AAP PHOTOS)

There are still no plans to cut interest rates soon as the Reserve Bank held the cash figure steady for what will be a calendar year.

The RBA wants more signs inflation is under control before it will consider lowering rates, Governor Michele Bullock says.

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