An early preview, if you like, of what to expect at the Reserve Bank of Australia meeting on Tuesday (November 3)
I posted yesterday on a Reuters survey: 17 of the 21 expect 'on hold'
MNI have followed up ... but with a different result, they found that 8 of 21 expect a cut (of 25bp) and the remainder (13) are expecting an 'on hold' decision
MNI add:
- None of the big four banks are forecasting a cut next week (ANZ ... forecast ... reductions in February and May. The others expect the RBA to stay on hold for longer)