The Reserve Bank of Australia monetary policy October decision and statement is today

On hold is unanimously expected, check out the preivews already posted:

Just gathering together a few of the remaining what-to--expects from around the place

Citi:

  • The employment increase of 44k (higher than the +25k consensus) supports the RBA's patient mild tightening bias.
  • We expect the RBA to begin its gradual tightening cycle until mid-2019. with the risk of extending later in the year.

ASB:

  • The Reserve Bank of Australia will leave the cash rate at 1.5% at Tuesday's meeting.
  • The central bank is likely to remain upbeat on the domestic economy although the downside risks stemming from a trade war will likely get a mention.
  • We will be interested to see what the RBA says on mortgage interest rates. Two of the major banks have increased mortgage rates since the RBA last met.