Well, that's a bummer. The Reserve Bank of Australia September meeting is today
- The announcement is due at 0430GMT
- I posted two previews yesterday: Australia - RBA meeting this week, quick preview ... and Its Governor Glenn Stevens' final RBA policy meeting Tuesday - preview
Now, from National Australia Bank (in brief):
- Likely to be something of a non-event
- After 2 rate cuts this year already RBA likely to enter in assessment mode, unless the economy is clearly deteriorating dramatically
- What to watch in the accompanying statement - any commentary in relation to the housing market, and any further guidance as to how the Bank sees current momentum in the labour market
Looking further ahead:
- RBA Governor elect Phil Lowe is giving a Welcome and Introductory remarks at an international conference organised by the Asian Development Bank in Sydney on Thursday morning.
- We're assuming that this won't be particularly focused on current Australian economic conditions and hence won't be policy relevant.
