The Reserve Bank of Australia is widely expected to keep rates on hold when it meets in Adelaide tomorrow. ... Nevertheless, according to Mr Oliver, the RBA is still expected to lift the cash rate further in the near term to help keep household spending subdued and to ensure that the mining boom does not create an overheating problem. "The RBA is also likely to signal that its bias is still to raise interest rates and that above trend GDP growth in the June quarter along ...

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