According to Bill Evans, Chief Economist at Westpac, the Reserve Bank Board of Australia will keep the cash rate on hold and maintain its upbeat growth and inflation forecasts despite rising risks. Key Quotes “The Reserve Bank Board meets next week on November 6.” “The Bank will also release the November Statement on Monetary Policy on November 9.” “Of course the Governor will announce that there has been no change in the cash rate.” “Today, markets are pricing only the probability of around 50% of one hike by end 2019 and a full 25bps is not priced-in until end 2020.” FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next FX Today: Risk-on at full steam amid US-China trade deal talks, UK PMI, US wages in focus FX Street 4 years According to Bill Evans, Chief Economist at Westpac, the Reserve Bank Board of Australia will keep the cash rate on hold and maintain its upbeat growth and inflation forecasts despite rising risks. Key Quotes "The Reserve Bank Board meets next week on November 6." "The Bank will also release the November Statement on Monetary Policy on November 9." "Of course the Governor will announce that there has been no change in the cash rate." "Today, markets are pricing only the probability of around 50% of one hike by end 2019 and a full 25bps is not priced-in until end 2020." Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
