Economists say rates on hold in July, but odds stacked for August cut

By Vanessa Desloires
Updated July 1 2016 - 5:08pm, first published 3:36pm
Economists are unanimous that the RBA will keep rates on hold in July, but almost at consensus for a cut in August.
 Photo: Nicholas Rider
Economists are unanimous that the RBA will keep rates on hold in July, but almost at consensus for a cut in August. Photo: Nicholas Rider

The market chaos after the Brexit vote will not alone sway the Reserve Bank of Australia to cut interest rates on Tuesday, but the consensus is for an August cut, leading investors to rejig their portfolios for an unprecedented low interest rate environment.

Subscribe now for unlimited access.

$0/

(min cost $0)

or signup to continue reading

See subscription options

Get the latest Taree news in your inbox

Sign up for our newsletter to stay up to date.

We care about the protection of your data. Read our Privacy Policy.