Analysts at ANZ offer their take on the upcoming Reserve Bank of Australia (RBA) interest rate decision due at 0430 GMT.
Key Quotes:
“We will be looking to see whether the RBA has become more cautious on the outlook for housing given the recent data points.
Even if this is the case we think the Bank will remain upbeat overall, with “further progress in reducing unemployment and having inflation return to target” still being expected.”
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