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The Guardian

The RBA will likely hold the cash rate – but are their calculations at risk of being overtaken by US election chaos?

The Guardian on
The RBA will likely hold the cash rate – but are their calculations at risk of being overtaken by US election chaos?



The first polls will be opening in the US not long after the RBA’s board meeting wraps up next TuesdayFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastWhen the Reserve Bank board meet next week to discuss interest rates, it will have an inescapable “best-laid schemes of mice and men” feel about it.For sure, there will the usual meticulous assembly and assessment of data, including Wednesday’s relatively benign inflation figures. Continue reading…



Source link : https://www.theguardian.com/australia-news/2024/oct/30/the-rba-will-likely-hold-the-cash-rate-but-are-their-calculations-at-risk-of-being-overtaken-by-us-election-chaos

Author : Peter Hannam

Publish date : 2024-10-30 06:14:05

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Tags : The Guardian

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