RBA to hold cash rate steady next week

2 Feb 2018 09:59 AM

Reuters poll show that the RBA will leave monetary policy unchanged at next week meeting, economists forecasts was as following:

  • 47/48 economists forecasted RBA to hold cash rates steady.
  • 44/48 economists forecast rates to remain steady till June.
  • 3 economists expect a hike before then and 1 expects that RBA to cut rates.
  • 23/45 economists forecast one hike by December.
  • Median economists see that RBA's cash rate at 2% by June 2019.

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