The Reserve Bank of Australia meet tomorrow (Tuesday 3 November 2015), a quick preview from the ANU.
Economists at the Australian National University have a 'shadow board', where they opine on what they think the RBA should do.
- "Economic growth and the unemployment rate continue to underwhelm
- The global economy looks weak and financial markets are nervous
- The RBA shadow board, on balance, prefers to keep the cash rate on hold, attaching a 65 per cent probability to this being the appropriate policy setting."
There is more here at the Australian Financial Review, which appears to be ungated.
