Everyone thinks the RBA is done. They’re wrong (opens original article in a new tab)
The Reserve Bank of Australia is expected to keep the cash rate at 4.35% despite widespread belief that they have finished their tightening cycle.
- RBA cash rate expected to remain at 4.35% this week
- Economists and markets anticipate rate hold with no pricing in rate changes
- RBA minutes from six weeks ago indicated intent to maintain current rate
- Financial markets react more strongly to weak economic data than to inflation concerns
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