Weekend Economist: Steady as she goes

Despite some significant changes in the Australian dollar and commodity prices, the Reserve Bank is likely to upgrade its growth forecasts.

The Reserve Bank will now be mulling over its forecasts for the November statement on monetary policy (SOMP) which will be released on November 7.

Despite some significant changes in markets and likely the underlying forecasts for the Australian dollar and commodity prices we do not expect them to change their core views.

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