The Reserve Bank of Australia (RBA) is likely to keep interest rates unchanged at a record low of 1.50 percent well into next year and the lift-off is not expected before end-2019, according to a Reuters poll of 53 economists.
Key points
All but one of 53 economists polled see RBA holding the cash rate steady at 1.5 percent at the Oct. 2 meeting
The first rate rise since Nov 2010 seen in Q4 2019, unchanged from the last survey
15 of 52 respondents see at least one hike by December 2019, 22 see no change
15 of 48 economists see no change in policy until March 2020