Commonwealth Bank of Australia expects the Reserve Bank to keep the official cash rate unchanged at 4.10% in April, with policymakers likely to strike a more dovish tone as they await the March quarter inflation report. While the RBA has maintained a modestly hawkish stance since its February rate cut—signalling a reluctance to ease again so soon—CBA believes softer domestic data and moderating inflation could open the door to a cut in May.
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Earlier:
Poll shows expectations are for the Reserve Bank of Australia to stay on hold Westpac sees April RBA meeting as ‘dead rubber’, still eyes May rate cutGoldman Sachs moves its RBA rate cut forecast from April to MayI've only seen one analyst forecast a cut, of 25bp, tomorrow.
The Reserve Bank of Australia Statement is due at 2.30pm Sydney time on Tuesday, April 1, 2025.
0330 GMT
2330 US Eastern time
Reserve Bank of Australia Governor Bullock's news conference follows an hour later.
This article was written by Eamonn Sheridan at www.forexlive.com.Hence then, the article about cba expects rba on hold this week with a more dovish tone was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
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