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Reserve Bank of Australia policy meeting tomorrow - preview

The Reserve Bank of Australia meeting is on Tuesday June 6: statement is due at 2.30 pm Sydney time, which is 0430 GMT and 12.30am US Eastern timeThis via Commonwealth Bank of Australia on what they expect:We expect the RBA to leave the cash rate on hold at 3.85% at the June Board meeting. But we consider the meeting now ‘ live ’We ascribe a 70 % chance to no change and a 30 % probability to a 25bp rate increase to 4.10 % (we consider the risk of any other move immaterial).The economic... Read More

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Posted: Jun 5 2023, 00:19

Author Name: forexlive

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