The RBA is taking a wait-and-see approach for the time being – Commerzbank

The RBA is taking a wait-and-see approach for the time being – Commerzbank RBA AUDUSD InterestRate Banks

The RBA decided to keep interest rates on hold for the second time in a row.

Of course, whether another rate hike will follow in the coming months will depend crucially on data developments, especially wage growth and service sector inflation. However, we see today's decision as a clear signal that the RBA is taking a wait-and-see approach for the time being.Information on these pages contains forward-looking statements that involve risks and uncertainties.

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