RBA to leave cash rate unchanged at 4.1%

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RBA to leave cash rate unchanged at 4.1%
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Analysts at TD Securities thinks that the Reserve Bank of Australia will leave its policy rate unchanged following the September policy meeting. Gover

Analysts at TD Securities thinks that the Reserve Bank of Australia will leave its policy rate unchanged following the September policy meeting.We expect the RBA to leave the cash rate unchanged at 4.1% at the September meeting after the encouraging July CPI print.

"July CPI inflation continued to decelerate to 4.8% y/y while the job losses of -14.6k in July cements the case for another pause from the Bank. As such, we doubt there will be any distinct shift in the RBA's messaging at the September meeting and expect Governor Lowe's last RBA meeting to go without much fanfare."Information on these pages contains forward-looking statements that involve risks and uncertainties.

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