RBA's hold decision: specific interpretation varies but dovish tone prevails
- Tuesday, 05 February 2013
Analyst readings of an on-hold Reserve Bank of Australia (RBA) cash rate decision in February offer somewhat divergent conclusions, though the stable 3 per cent rate itself came as little surprise. While research notes published in the immediate wake of the February 4 decision interpret the RBA's tone as dovish, some economists appear to believe the latest decision heralds a somewhat reduced chance of imminent further easing.
