Reserve Bank of Australia August monetary policy meeting minutes are due tomorrow
- 21 August 2018, at 0130GMT
Expectations for market-moving data from them are low indeed. Here is RBC:
- These minutes are more out of date than usual given a number of key events since the 6 August Board meeting including the detailed quarterly Statement on Monetary Policy, Governor Lowe's Anika Foundation speech, and his Semi Annual Testimony on Monetary Policy.
- Accordingly, we expect no surprises in these minutes, with the well-rehearsed positive economic narrative captured in its recently updated forecasts, which show above-trend growth in the coming years, modestly higher inflation, and fully employment by end 2020 likely to be repeated.