RBA to stick to script as risks loom – Forex News Preview
Posted on November 5, 2018 at 2:01 pm GMTThe Reserve Bank of Australia will make an announcement on monetary policy on Tuesday at 0330 GMT and it is certain that policymakers will choose to keep interest rates at record lows for the 26th consecutive month. Some discomfort however is expected regarding recent weakness in economic data, while escalated global risks could be another reason to hold policy accommodative for now. Australian consumer prices grew by 1.9% year-on-year in the third quarter, in line with forecasts but below the 2.1% mark [..]