Analysts see RBA cycle end in sight as hold decision causes little stir
- Tuesday, 01 October 2013
At its October meeting, the Reserve Bank of Australia (RBA) elected to keep the cash rate at 2.5 per cent – a move predicted by all 33 economists in a Bloomberg survey ahead of the announcement. HSBC data says markets were also convinced of a hold decision in advance, with this being 95 per cent priced in.
