At the April Reserve Bank of Australia meeting, the Board have kept the cash rate unchanged at 2.5% (http://www.rba.gov.au/media-releases/2014/mr-14-05.html). There’s no news there, as the RBA have been quite clearly stating we will have a period of stability in interest rates. Their announcement states that inflation is expected to be consistent with target levels of 2% to 3% over the … Continue reading A PERIOD OF STABILITY IN INTEREST RATES