RBA expected to hold cash rate next week

The RBA is expected to hold the cash rate when it makes its decision next Tuesday, says Sky News Business Reporter Edward Boyd. “There’s a lot of economists suggesting we’re going to get some cuts later this year,” Mr Boyd said. “Those views haven’t changed. “We’re going to hear from Governor Bullock, Michele Bullock, the head of the Reserve Bank, next week because it’s another cash rate decision. “Expectation is rates will be on hold, but we will probably see some cuts hopefully September.”