The lower than expected Inflation Figures released on Wednesday (27/10/2010) provide hope for borrowers that the Reserve Bank will keep Interest Rates on hold in November 2010.

This is the belief of several senior economists including Commsec Chief Economist - Craig James who stated:

"following the release of “beautiful” CPI inflation figures yesterday – which put inflation at 2.8% over the past 12 months, within the RBA target range of 2-3% - rates were likely to stay on hold".