RBA rate unchanged, “upbeat outlook” may change rate timing

06 November 2018

 

The November board meeting of the RBA is historically one of the four months of the year in which the likelihood of a rate change is highest. February, May, August and November happen to be the four months of the year in which previous rate changes have typically occurred.  As expected, the RBA announced Australia’s overnight cash rate would remain at 1.50%. ANZ head of Australian Economics David Plank said,...

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