The Reserve Bank’s upcoming interest rate meeting will be pivotal - for what it means for future rate decisions. Money markets and economists are in near-unanimous agreement that the Reserve Bank’s monetary policy board will hold the cash rate steady at 4.35 per cent when it wraps up its latest two-day meeting on Tuesday. But rate watchers will get a new set of economic forecasts and Reserve Bank commentary to pore over for signs of where interest rates will go next. Along with economists at all four big banks, the Morgan Stanley analysts expect the Reserve Bank’s next move will be down rather than up. The key signal for the Reserve Bank would be the faster-than-expected weakening in the housing market since May, they said.