As expected, the Reserve Bank has held the cash rate steady, spooked by last week’s quarterly inflation figure which busted out of the central bank’s comfort zone.

In case you missed it, here’s your essential form guide to today’s race (and why the RBA is reluctant to offer any more rate relief, at least for now) ...

Rate Cut: Likely a late scratching. Had been looking the goods just last week until she stuck her head around the corner of Inflation’s stable on the way back from training. That clearly scared the bejesus out of her and she won’t trouble the bookies today. Sorry folks, this horse has bolted.

Unemployment: Resilience personified. Has been ticking along at a steady pace for much of the past year with only a few sign that he may just be starting to run a little hotter. The

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