The Reserve Bank of Australia monetary policy October decision and statement is today
On hold is unanimously expected, check out the preivews already posted:
- Preview of the RBA today and for the AUD - TD on 'trading the RBA'
- RBA meeting today - preview - expected on hold decision
- RBA October meeting today - what to expect
- A preview of the RBA meeting on Tuesday October 1 2018
- here is a quickie what to expect preview
Just gathering together a few of the remaining what-to--expects from around the place
Citi:
- The employment increase of 44k (higher than the +25k consensus) supports the RBA's patient mild tightening bias.
- We expect the RBA to begin its gradual tightening cycle until mid-2019. with the risk of extending later in the year.
ASB:
- The Reserve Bank of Australia will leave the cash rate at 1.5% at Tuesday's meeting.
- The central bank is likely to remain upbeat on the domestic economy although the downside risks stemming from a trade war will likely get a mention.
- We will be interested to see what the RBA says on mortgage interest rates. Two of the major banks have increased mortgage rates since the RBA last met.
