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No interest rates rises predicted for Philip Lowe’s final RBA board meeting

Economists say interest rate pause likely for about a year as ABS releases weaker-than-expected economic data

Financial markets are overwhelmingly confident the Reserve Bank governor, Philip Lowe, will use his final board meeting to leave the cash rate unchanged for a third month at 4.1%.

Lowe began as governor in 2016 with a lengthy interest rate plateau and economists say he will likely bequeath his successor, Michele Bullock, a similar spell of monetary policy monotony.

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