Reuters poll of analysts re expecations of what's to come from the RBA:
Reserve Bank of Australia to cut cash rate to 3.85% on May 20, say 42 of 43 economists
In the report, Reuters quote ANZ:
"Following tariff news at the start of April, we shifted our expectations. We're expecting the cash rate will go to 3.35% now. That shift was really a rough lesson of a very changing, uncertain global environment where global growth was likely to slow," "There are indications some of those tariff announcements are going to be wound back but the big question is how this actually shakes consumer confidence and how businesses are feeling... There is some clear softness in the business environment, which would support a rate cut from the RBA next week." This article was written by Eamonn Sheridan at www.forexlive.com.Hence then, the article about 75bp of reserve bank of australia rate cuts to come reuters poll 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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