By Krishna K — Aug 05 - 09:55 PM
RBA rate decision, Statement on Monetary Policy at 0430 GMT/2.30 PM AEST
C.bank holds media conference on monetary policy decision at 0530 GMT
Expected to hold rates at 4.35%, issue updated economic forecasts
Likely to repeat that it remains vigilant to upside risks on inflation
May adopt less hawkish tone on soft Q2 core inflation, global growth concern
Rate hike debate unlikely, may remove "ruling anything in or out on policy"
Odds of a Sep rate cut at 37%, Nov rate cut fully priced in 0#RBAWATCH
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Source:
Refinitiv IFR Research/Market Commentary