RBA Preview – To Maintain Rate at Historical as Counterparts Begin Tightening - NewsBreak

The RBA will maintain all monetary policy measures unchanged at next week's meeting. That is, the cash rate, as well as the yield target on the April 2024 bond, will stay at 0.1%. Asset purchases will also be kept at a pace of AUD 4B/week. Policymakers will continue to warn of the slowdown in the third quarter but a ray of light is seen as the government plans to open border in November.