The speed bumps that will slow a rate rise

A range of economic challenges lie ahead, and the RBA won’t be in a hurry to raise the cash rate bar.

The cash rate remained at 2.5 per cent in November -- the 14th consecutive meeting without a rate move -- and the Reserve Bank of Australia (RBA) has yet again signalled a period of stability.

But the Australian economy continues to face a number of stiff challenges and the next rate move -- whether up or down -- is far from certain.

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