According to the latest Reuters poll on 34 economists
- Median response is for a rate hike by September 2019
- 12 of 34 respondents saw the RBA increasing rates by June 2019
- All but one economist expects the RBA to stay pat in its upcoming July meeting
The RBA meets again next week on 3 July and is largely expected to stay on hold and deliver the same old message once again.
Not much of a surprise here as this is pretty much the standard expectations of the market these days when it comes to the RBA. If you need a primer on why the central bank won't act in 2018, you can refer to my old post here.