RBA Meeting

RBA Meeting

The Reserve Bank of Australia is set to deliver its interest rate decision and monetary policy statement at 07:30 MT time on June 6. This event has a strong impact on the Australian dollar’s exchange rate and traders pay special attention to each RBA meeting.

At the last meeting, the RBA remained firmly on hold maintaining its growth and inflation forecasts and pledging to monitor labor and housing markets. Most analysts expect the central bank to keep monetary policy unchanged for a long time.

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