fxs_header_sponsor_anchor

News

RBA to leave rates unchanged on Tuesday – Capital Economics

The Capital Economics analysts believe that the Reserve Bank of Australia (RBA) is likely to stand pat on its monetary policy when its meets next Tuesday at 0430 GMT.

Key Quotes:

“The Reserve Bank of Australia hasn't learned much on the state of the economy since its last meeting and we expect it to leave rates unchanged at its next meeting on Tuesday. 

However, we still expect the labour market to worsen further which should eventually prompt the Bank to slash rates to 0.5%.”

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.


RELATED CONTENT

Loading ...



Copyright © 2024 FOREXSTREET S.L., All rights reserved.