RBC now say the Reserve Bank of Australia is on hold for the rest of this year and 2018 (via Bloomberg)

ps. I posted a few recaps of the announcement yesterday earlier:

  • RBA recap - "feels like an important change in tone ... not a major change in outlook"
  • RBA recap - no forward guidance (but here's what to watch ahead)
  • RBA recap - 4 changes, and 2 notable absences