What can we expect from today’s RBA meeting?
Well, cash rate futures put the odds of a 0.25% rate cut at just 6%, while all 27 economists surveyed by Bloomberg expect the cash rate to remain at 2.00%.
Source: Business Insider Australia
Your 10-second guide to today’s RBA rate decision
businessinsider.com.au
Later this afternoon the Reserve Bank of Australia (RBA) will deliver its second monetary policy decision of 2016, with almost all attention likely to be on policy statement rather than the actual rate decision.