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The RBA could try to sneak another interest rate in before the federal budget, some economists say

From businessinsider.com.au

Sitting at 0.25% since March, when the Reserve Bank (RBA) slashed twice in a single month, the central bank is again looking to cut, economists say. A Finder survey of 40 eggheads found 40% expect the RBA will cut the cash rate to 0.10% in the next two months. Of those, one-third say the cut will be on Tuesday when the central bank convenes next, while the rest say they’ll do it a few weeks later at their November meeting. Having not made a move since March, the timing would be no coincidence. A Tuesday cut would come just hours before the Morrison government hands down its belated federal budget. A November one ... (full story)

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