RBA to hold cash rate steady at 1.00% next month - Reuters poll

Haresh Menghani FXStreet

Ahead of the upcoming RBA monetary policy meeting on August 6, the latest Reuters poll shows that economists expect the central bank to stand pat and keep its cash rate steady at 1%.

Key points:

• 39/40 economists expect the RBA to hold the cash rate steady.
• 25/40 economists see cash rate at 0.75% by year-end.
• 13/40 economists see cash rate at 1.00% by year-end.
• 2/40 economists see cash rate at 0.50% by year-end.

Author

Haresh Menghani

FXStreet

Haresh Menghani is a detail-oriented professional with 10+ years of extensive experience in analysing the global financial markets.

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