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VIEW: RBC On Today's RBA Decision

RBA
  • The step up in Victoria restrictions, increasing optimism on the C-19 vaccine front, and mixed domestic data are the key developments since the board last met in early August and will likely dominate discussion. Further thoughts on their brief foray back into bond purchases may also be discussed and we look for any additional colour on the firmer currency. The key message that the RBA stands ready to lend further support as needed will remain but another reminder that fiscal policy needs to do more would not be surprising.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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