But it will always be there, via Bill Evans at Westpac:
The Reserve Bank Board meets next week on May 1. The decision is certain to be to hold rates steady for another month.
We do not expect to see any significant changes in the Governor’s Statement, although it will be interesting to see whether he follows the lead on the April minutes and notes “members agreed that it was more likely that the next move in the cash rate would be up, rather than down”. Note that he did not use that terminology in his Statement on April 3 just the April Board minutes.
