Interest rate rise looks off the agenda as Reserve Bank meets

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Interest rate rise looks off the agenda as Reserve Bank meets
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Millions of mortgage holders will be eagerly watching what emerges from the meeting of the central bank starting today.

Millions of mortgage holders will be eagerly watching what emerges from the meeting of the Reserve Bank of Australia starting today.

Added to this was the critical underlying inflation figure which dropped from 4 per cent to 3.9 per cent. For months it has been walking a narrow path between its core objective of hammering inflation, yet seeking not to unleash more pain for mortgage holders by raising the cash rate - its single blunt weapon.Your day-to-day guide to all the action in Paris, in AEST times

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