RBA to maintain OCR at 0.1% next Tuesday – Reuters poll

The Reserve Bank of Australia (RBA) is expected to keep the Official Cash Rate (OCR) on hold at a record low of 0.1% for the sixth straight meeting next Tuesday, the latest Reuters poll of 15 economists showed.

Key findings

“See no change to policy at the Reserve Bank of Australia’s (RBA) June 1 board meeting.”

“The vast majority of the respondents expect no change to the cash rate until mid-2023.”

“The RBA has said it will decide at its July board meeting whether to expand its quantitative easing programme.”

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