The Reserve Bank of Australia statement will come at 0430 GMT and Governor Lowe will speak at a news conference at 0600 GMT

Commonwealth Bank of Australia analysts are expecting the Bank to begin 'tapering' the rate of bond purchases from September

  • either by scaling back amounts being purchased
  • or spreading out the purchases over a longer period of time
  • The Bank may also move to a more flexible programme.

CBA expect the RBA to start lifting the 0.1% cash rate in November 2022, well ahead of the promised 2024 at the earliest from the RBA.


Earlier post:

rba Governor Lowe