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2 Dec 2016
Reuters Poll: RBA to keep rates-on hold at Dec 6 meeting
Latest Reuters poll reveals that the Reserve Bank of Australia (RBA) is seen keeping the official cash rate (OCR) unchanged at a record low of 1.5% at its meeting next week on Dec 6.
Key findings from the survey:
All 64 economists polled expect RBA to keep the cash rate unchanged next week
17 respondents forecast an RBA easing by mid-2017 (was 29 at last month's poll)
20 see rate hike by Q1 2018