The Reserve Bank of Australia's monetary policy meeting is expected to be a dud
The RBA looks all but certain to hold the cash rate steady at 1.50% for a record 19th straight meeting. Greg had the primer for that earlier in the day here.
There will be certain quarters in the market looking for clues or signs that could possibly stem the bleeding that we're seeing in the aussie over the last few weeks (and months) but I reckon don't keep your hopes up.
The meeting is largely going to be a non-event, and will continue to be that way as long as these two problems persist in the Australian economy.
