RBA to hold steady in April: All 39 economists surveyed by Reuters expect the Reserve Bank of Australia to keep the cash rate at 4.10% on April 1.
Cautious easing approach: RBA is likely to cut gradually due to still-elevated core inflation (3.2%), low unemployment, and recovering growth.
Major banks aligned on April: ANZ, CBA, NAB, and Westpac all expect rates to remain unchanged next week but differ on the pace and depth of easing.
RBA wary of over-easing: Analysts say the RBA is aware that deep rate cuts could reignite inflation due to ongoing supply constraints.
0330 GMT2330 US Eastern time
Reserve Bank of Australia Governor Bullock's new conference will follow an hour after.
Earlier:
Westpac sees April RBA meeting as ‘dead rubber’, still eyes May rate cut This article was written by Eamonn Sheridan at www.forexlive.com. Read More Details
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