Coming up at 0430 GMT the announcement and accompanying Statement (from Gov. Lowe)
There is no
expectation of any change in the cash rate
Focus will be on
I posted preview earlier:
And, if you are donw this far – bonus preview!
- We aren’t expecting much fresh insight from a meeting which will almost undoubtedly see the Reserve Bank stick with a 1.5% cash rate for the 20th consecutive month.
- There has been little fresh data since February’s meeting which would warrant a change in stance