A one-liner from Barclays on what they expect from the RBA minutes today
- We do not see significant change in guidance, with the board likely to re-emphasise low wage growth as a deterrent for near-term rate adjustments.
Meanwhile, ANZ:
- The RBA Minutes will be worth watching. In a statement at the beginning of the month, the RBA expressed some caution both around the international backdrop and the tightening in domestic lending standards. The coming meeting's minutes will provide some insight into the degree of concern on both these fronts.
Earlier - more real quick 'what to expects' from the banks: