RBA may have to wait a little longer for a cut – Forex News preview
Posted on May 6, 2019 at 3:47 pm GMTTuesday’s policy meeting by the Reserve Bank of Australia (RBA) will attract special attention as the pressure is growing on policymakers to cut interest rates after key economic measures disappointed, putting the central bank’s “wait-and-see” approach into question. While, a rate cut could be wisely avoided ahead of the federal elections this month, investors would still search for signs of whether the Bank could perhaps proceed as soon as this summer. It is clear than when a central bank wants [..]