Reuters poll of 48 economists show that the RBA will leave monetary policy unchanged in its 6 February meeting

  • 47/48 economists forecasted RBA to hold cash rates steady
  • 44/48 economists forecast rates to remain steady to June
  • 3 expect a hike before then and 1 expects the RBA to cut rates
  • 23/45 respondents forecast one hike by December
  • Median response sees the RBA's cash rate at 2% by June 2019

Well, given the inflation report and recent economic data, surely it's no surprise to expect the RBA to stand pat in next week's meeting.

The RBA meets for the first time this year next Tuesday and the market isn't really expecting any hikes for the first half of this year at the moment. Here's what the OIS market is pricing in for the RBA's first three meetings this year:

And also an early preview by Societe Generale here.