RBA meet Tuesday - what to expect (part 2 - this bank calling a rate cut)

The CBA preview the Reserve Bank of Australia monetary policy meeting Tuesday 1 November 2016.

• CBA expect a 0.25 bp cut, but do so "without great conviction"
• CBA say they see the Reserve Bank of Australia as looking for reasons not to cut
• But inflation prospects and risks 'could drag the Bank over the line'
• RBA will look through the high headline inflation result (from last week, CPI for Q3) at the weak underlying inflation

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This is part 2, part 1 was WPAC's view: RBA meet Tuesday - what to expect (part 1 - no change)