All economists agree on no April cash rate cut: Bloomberg

Economists are unanimous that the Reserve Bank will leave the cash rate unchanged on April 2.

All 27 economists polled by Bloomberg expect the cash rate to remain unchanged at 3%.

The odds of a May rate cut also look slim with 18 out of 27 expecting no change on May 7.

NAB chief economist Alan Oster is the only major bank economist tipping a rate cut on May 7.

The polling was carried out on March 15.

Larry Schlesinger

Larry Schlesinger

Larry Schlesinger was a property writer at Property Observer

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