MNI: RBA To Consider 50bp Cut In May, But 25bp More Likely

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Apr-10 07:21By: Daniel O'Leary
RBA

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The Reserve Bank of Australia is most likely to stick to a 25-basis-point cut to the 4.1% cash rate at its upcoming May 20 meeting barring renewed financial market deterioriation, however it will consider a 50bp reduction given the U.S. tariff onslau...