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Politics

Poppy Johnston and Dominic Giannini

Rates probably on hold but all eyes on RBA governor

RBA Michele Bullock the Reserve Bank Adam Boyton Sean Langcake Inflation ANZ

Michele Bullock will get to set the tone on monetary policy at her first 2024 press conference. (Bianca De Marchi/AAP PHOTOS)

Australians are set to hear from the Reserve Bank for the first time in 2024 and although interest rates are likely to stay on hold, it's unlikely to declare the inflation fight over.

In a welcome development for borrowers, the central bank board is widely expected to leave rates unchanged when it hands down its decision on Tuesday after inflation data came in a little softer than anticipated.

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