Reserve Bank of Australia is expected to keep interest rates at record low levels until September amid weak inflation and the US-led global trade war.
The Reserve Bank of Australia cut interest rates to 1.5% in August 2016 and it is expected to keep them for some time, according to a Reuters poll. Interest rates are expected to remain unchanged at the July 3 meeting.
Also, interest rates are not expected to be raised to 1.75% before the first quarter of 2019. Most analysts expect there will be one hike by June 2019.
