Reserve Bank of Australia’s interest rate decision is today! What to expect?

December 5, 2017

Reserve Bank of Australia interest rate decision today. Be ready!

Reserve Bank of Australia’s interest rate decision is today! What to expect?

Latest RBA meeting minutes from October showed cautious optimism, but the board was somewhat concerned about the strength of the Australian Dollar, which could potentially impact upon inflation.

Due to this and other data it may be that RBA is not in a rush to increase interest rates.

The RBA targets inflation growth of 2.00%.

In relation to this data release, market participants could expect volatility on the AUD/USD and Gold prices.

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