VIEW: Bank desk views on today's RBA MonPol.....>

RBA: VIEW: Bank desk views on today's RBA MonPol decision/Friday's SOMP:

- ANZ: The RBA will leave its forecasts unch., allowing the Bank its statement

with its often-repeated conclusion that "further progress in reducing

unemployment & having inflation return to target is exp."

- CBA: The RBA will stick with its rhetoric. Its take on the domestic econ

should be positive. Econ data has "surprised" on the upside recently. However,

we exp. the RBA will be a little more cautious on its global views.

- Westpac: We exp. the Bank to retain its upbeat growth forecasts for both '18 &

'19. There will be more interest around the trajectory for inflation, with

current forecasts only just nudging into the 2-3% target band by June '20.

- Credit Suisse: Despite strong growth, the econ is not generating much in the

way of wage/price pressures. We exp. the RBA to remain on hold for some time,

perhaps revisiting their neutral stance later in the year.

- RBC: We will be looking for any new commentary on the housing market.

- TD: No material data surprises & steady fin'l conditions suggest little need

to change the GDP/CPI outlook, any changes will be flagged in Tue's statement.