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![The odds have tightened to a 46 per cent chance that the RBA will leave rates on hold Tuesday for summer.](data:image/svg+xml,%3Csvg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 1280 720"%3E%3C/svg%3E)
The odds have tightened to a 46 per cent chance that the RBA will leave rates on hold Tuesday for summer.
The RBA has come under increasing pressure since its Governor Philip Lowe apologised for “rates on hold” comments made during Covid-19. Picture: NCA NewsWire / Gary Ramage
It is unclear what impact the RBA Governor Philip Lowe’s apology to homeowners last week had on market data, but the RBA Rate Tracker saw expectation of a rise to 3.1 per cent drop from 69 per cent on November 23 to 54 per cent on December 2.
RateCity Research Director Sally Tindall. Picture: Tim Hunter.
Property prices falls are beginning to slow across major capitals including Brisbane. Picture: Brendan Radke.