RBA to keep rates on-hold throughout 2018 – Bloomberg Survey

According to the latest Bloomberg survey of economists, a majority of the respondents believe the Reserve Bank of Australia (RBA) is expected to remain on a steady for the balance of this year.

Key Findings:

The median estimate is for the RBA not to move this year, and to only raise rates during Q1 2019. 

Only one forecast is predicting the RBA to cut rates to 1.00% by Q1 2019.