News

RBA to maintain OCR at 0.1% next Tuesday – Reuters poll

The Reserve Bank of Australia (RBA) is expected to keep the Official Cash Rate (OCR) on hold at a record low of 0.1% for the sixth straight meeting next Tuesday, the latest Reuters poll of 15 economists showed.

Key findings

“See no change to policy at the Reserve Bank of Australia's (RBA) June 1 board meeting.”

“The vast majority of the respondents expect no change to the cash rate until mid-2023.”

“The RBA has said it will decide at its July board meeting whether to expand its quantitative easing programme.”

Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.


RELATED CONTENT

Loading ...



Copyright © 2024 FOREXSTREET S.L., All rights reserved.