{"id":2677,"date":"2014-04-05T16:53:18","date_gmt":"2014-04-05T06:53:18","guid":{"rendered":"http:\/\/wordpress-371694-1179511.cloudwaysapps.com\/?p=2164"},"modified":"2014-04-05T16:53:18","modified_gmt":"2014-04-05T06:53:18","slug":"rates-hold","status":"publish","type":"post","link":"https:\/\/financialplus.com.au\/rates-hold\/","title":{"rendered":"Rates on Hold"},"content":{"rendered":"
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The Reserve Bank of Australia has kept official interest rates on hold for the seventh consecutive month. <\/span><\/p>\n Analysts said the RBA is keeping a lid on rates to offset rising unemployment and concerns about a slowdown in China. <\/span><\/p>\n The Housing Industry Association says rates are being kept on hold to boost the non-mining economy. <\/span><\/p>\n RBA governor Glenn Stevens indicated that the surging Australian dollar would hinder the economy\u2019s adjustment away from mining. <\/span><\/p>\n There is no doubt that lenders are responding to the rate inactivity with a variety of incentives to attract new customers, with intense competition in the fixed rate market. ?<\/span><\/p>\n Thanks to hotspotting.com.au for this story.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":" The Reserve Bank of Australia has kept official interest rates on hold for the seventh consecutive month. Analysts said the RBA is keeping a lid on rates to offset rising unemployment and concerns about a slowdown in China. The Housing Industry Association says rates are being kept on hold to boost the non-mining economy. RBA […]<\/p>\n","protected":false},"author":22,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[114],"tags":[124],"class_list":{"0":"post-2677","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-reserve-bank","7":"tag-interest-rates","8":"entry"},"yoast_head":"\n