According to the latest Reuters poll of economists, a majority of them believe that the Reserve Bank of Australia (RBA) will keep its Official Cash Rate (OCR) on hold until mid-2020.
Key Findings:
RBA likely to stand pat next year.
18 of 31 economists predict rates to stay unchanged through mid-2020.
11 of 31 economists forecast at least one hike by March 2020 (previously 23 of 38).
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