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RBA policy meeting next week - on hold expected

Reuters reporting on their poll of expectations for the Reserve Bank of Australia meeting on Tuesday, October 3 (statement due at 2.30pm Sydney time, which is 0330* GMT and 2330* US Eastern time):All but two of 32 economists in a Sept. 27-28 poll expected the RBA to hold its official cash rate at 4.10% at the October meetingTwo forecast a 25 basis-point hike. Barclays expects a hike in November, following the official quarterly CPI data on October 25 "One month's higher inflation print especi... Read More

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Posted: Sep 29 2023, 00:17

Author Name: forexlive

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