The Traderszone Network

Published in TZ Latest News 2 October, 2017 by The TZ Newswire Staff

RBA announce no change to cash rate, as expected

Reserve Bank of Australia October monetary policy decision
– Global economy continuing to improve
– Growth expected to pick up gradually over coming years
– House prices rising briskly in some markets

Quick Headlines via Reuters. Pretty dovish sort of headlines, but they were never going to be hawkish. On the dovish side of neutral … but I’m splitting hairs.