RBA Holds Key Rate at 1.5%

The video discusses the market's disappointment with the Reserve Bank of Australia's (RBA) neutral stance, contrasting it with expectations of a more hawkish tone. The Aussie dollar fell slightly as a result. The RBA is cautious about the Australian dollar's strength, which could hinder economic recovery. The video also highlights the RBA's focus on subdued wage growth and high household debt. Analysts expect the RBA to hold rates, with a potential hike not anticipated until the first half of next year.

What factors are influencing the RBA's decision-making for 2017?

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What is the current consensus regarding a potential rate hike by the RBA?

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