The RBA is predicted to keep the cash rate at its record low of 1.5%, for a record period of inactivity, however, attention will quickly turn to the monetary policy statement.
At 4:30am U.K. time on Tuesday April 2nd, the Australian central bank, the RBA (reserve bank of Australia), will announce its latest decision regarding the country’s key interest rate, referred to as the cash rate. The widely held consensus, from the news agencies Reuters and Bloomberg, after they’ve polled their panel of economists, is for […]