Reserve Bank of Australia should cut now - "Global Economic Outlook Goes Into a Tailspin" ...Middle East

RBA Should Cut as Global Economic Outlook Goes Into a Tailspin

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In really brief:

things have changed significantly, and the RBA needs to throw off its ultra cautious stance and deliver a cut Tuesday With the world’s major economies speeding toward “liberation day” and what will likely be the biggest trade war in generations, bets on a U.S. recession are rising, and the world growth outlook is in a tailspin.

Earlier:

CBA expects RBA on hold this week, with a more dovish tonePoll shows expectations are for the Reserve Bank of Australia to stay on holdWestpac sees April RBA meeting as ‘dead rubber’, still eyes May rate cutGoldman Sachs moves its RBA rate cut forecast from April to May This article was written by Eamonn Sheridan at www.forexlive.com.

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