Analysts say RBA's statement is simply read: keep holding on
- Tuesday, 06 October 2015
While the October rates decision from the Reserve Bank of Australia (RBA) – a hold, at 2.00 per cent – surprised few in the analyst community, some suggest the reserve bank's tone is notably less dovish than expected. The consensus is for a prolonged period of on-hold rates rather than further cuts in the near future.
