Expectations of much of interest from the Reserve Bank of Australia minutes today are low.
On analysts says:
- we don't expect the October Minutes to reveal new news
The RBA and Governor Lowe have said, over and over, that they do not expect conditions to be appropriate for a rate hike until 2024 (ps. I've seen one respected analysis summarising this projection as "ludicrous". Indeed, market expectations centre on the first-rate hike from the Bank as soon as August 2022 and more following soon after the same calendar year).
