Reuters Poll: RBA to keep rates-on hold at Dec 6 meeting

Dhwani Mehta FXStreet

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

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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