Due at 0030GMT on 17 February 2015, the Minutes of the February RBA meeting
The market will be looking to the Minutes for further elaboration as to why the Reserve Bank of Australia did a backflip from the 'period of stability' at the previous meeting to cutting rates.
Not that there is any great mystery about it, Glenn Stevens has already taken the opportunity to explain why this was done on 3 occasions since the February 3 announcement:
- In the statement accompanying the cut
- In that week's Statement on Monetary Policy
- And in his testimony to parliament, where he put it bluntly (guidance be damned), that the Board concluded the economy could do with some help, "so we eased".
Nevertheless, we should get more detail today on the bank's deliberations
