A flurry of new economic reports kicks off a new month but they are unlikely to deter the Reserve Bank of Australia (RBA) from a widely expected cut in its key interest rates at this week’s board meeting.
Economists are predicting the central bank on Nov. 3 will cut the cash rate to 0.1 percent from the already record low of 0.25 percent, while making the similar changes to its other interest rate and funding levers.
