28 March 2025 | Other

Goldman Sachs now expects RBA rate cut in May instead of April

Goldman Sachs now expects RBA rate cut in May instead of April

Economists at Goldman Sachs Group Inc. have moved the expected date of the next interest rate cut in Australia from the upcoming week to May. The experts cited uncertainty in the country's domestic politics as well as the outlook for global trade.

Goldman Sachs' revised forecast is now in line with the assumptions of most other analysts. They expect the Reserve Bank of Australia (RBA) to leave its key rate unchanged at 4.1% next Tuesday. Last month, the regulator cut borrowing costs for the first time in four years.

Such forecasts are mainly associated with the upcoming elections in the country on May 3. As Andrew Boak, Goldman's chief economist for Australia, notes, a pause at the April 1 meeting will give the RBA a chance to assess the government's future fiscal policy, depending on which party wins.

Period: 12.02.2026 Expectation: 25000 pips
Selling ETHUSD when it bounces up to $2,250 resistance
Today at 10:34 AM 10
Lyra_Moonwell1
Lyra_Moonwell1

Listed among the best MarketCheese authors
1st in the segment "Oil and gas"
Period: 31.03.2026 Expectation: 220 pips
Buy SPX starting from $6,820
Today at 10:25 AM 11
Period: 12.02.2026 Expectation: 3000 pips
Buying USDJPY in anticipation of ruling coalition winning elections
Today at 08:25 AM 24
Period: 31.12.2026 Expectation: 18000 pips
BTCUSD purchases come into play from $66,000
Today at 06:56 AM 18
Period: 11.02.2026 Expectation: 1300 pips
NVIDIA shares approach key milestone before potential reversal
Yesterday at 10:40 AM 28
Lyra_Moonwell1
Lyra_Moonwell1

Listed among the best MarketCheese authors
1st in the segment "Oil and gas"
Brent sell
Period: 28.02.2026 Expectation: 290 pips
Selling Brent crude from 70.2 resistance
Yesterday at 09:57 AM 27
Go to forecasts