Easing inflation data and an increased unemployment numbers will factor in to the RBA's September interest rates decision.
It would mark a third successive month of paused rates.With inflation data having eased slightly, many economists are expecting the Reserve Bank of Australia to leave interest rates on hold at 4.1 per cent in its October meeting.
Tuesday's announcement will be the last monthly meeting with Philip Lowe as RBA governor, with deputy governor Michele Bullock to take over on 18 September. Bloxham believes the central bank will maintain a modest tightening bias, however, after it recently made it clear it was keeping its options open in the months ahead.
Last week, the monthly CPI indicator showed that more progress is being made towards reducing inflation, market analyst Tony Sycamore from IG Markets told SBS News.
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