The Reserve Bank of Australia policy statement is due at 2.30 pm Sydney time:
- 0430 GMT and 0030 US Eastern time.
Reserve Bank of Australia Governor Bullock's press conference will follow an hour later.
Earlier previews:
- RBA meeting - preview - Cash rate to remain unchanged
- Central banks are still on the agenda this week
- Australia- inflation a bit higher than expected, RBA on hold
Outlier call for a rate hike:
- Capital Economics are forecasting a Reserve Bank of Australia rate hike
- RBA meet this week - "History suggests a rate increase is plausible"
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Snippet from BNZ on what to expect
- The RBA will need to acknowledge the positive inflation surprise and lower unemployment rate trajectory
- So the tone of the statement could come across as more hawkish than the last neutral one
Current cash rate & inflation:
