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RBA to hold the cash rate steady at the August 3 meeting – Reuters poll

According to the latest Reuters poll on the RBA, scheduled to announce its latest monetary policy decision next week on Tuesday, all, except one, of the 38 economists see the Australian central bank holding the cash rate steady at 1.5%.

Key Points:
Australian rate outlook is seen unchanged until September 2019: Median of 37 analysts.
21 of 36 respondents see at least one hike by December 2018; two predict cuts to 1%.
 

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