The central bank today holds its first board meeting since December and releases its quarterly monetary policy statement on Friday.
Economists widely expect the official cash rate to remain unchanged at 4.75 per cent.
News that makes sense
Your trusted source for staying up-to-date with the world around you. Get free daily news updates and analysis, straight to your inbox.
JP Morgan chief economist Stephen Walters says the chances of a near-term rate hike were snuffed out by both the devastating floods and by last week's CPI result.
Share
