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The Reserve Bank limbo: With another rate cut tipped, just how low can interest rates go? – The New Daily
The Reserve Bank is widely expected to cut its key interest rates when its board meets on Tuesday, just hours before the US goes to the polls.
There are three major events on Tuesday but the result of only one seems clear as it can be at this stage.
In Australia, the Reserve Bank of Australia holds its monthly board meeting, the result of which will be made 30 minutes before the Melbourne Cup horse race gets under way.
The United States also goes to the polls, but the outcome of that tight presidential race will roll out on Wednesday, Australia time.
The RBA is widely expected to ease monetary policy, given the commentary by central bank…
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