In the Australian press today (Sydney Morning Herald), Peter Martin writes on tomorrow's Reserve Bank of Australia monetary policy meeting
Nobody knows what the Reserve Bank board will do on Tuesday, for the very simple reason that the board itself doesn't know.
... very good argument for cutting rates is balanced by a good one for staying put. If I were having a bet on the outcome, I would make it a small one.
Martin goes on to discuss the various factors at play in tomorrow's decision
Its worth a read on the background going into tomorrow meeting.
