Ideas Markets Events Research
Close
search
Ideas
Markets
Events
Research
Nothing found
Select a section for which the search will be carried out
28 March 2025 | Other

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

AUDJPY
AUDCAD
AUDUSD
GBPAUD
EURAUD
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.

Elizaveta Kuzmicheva MarketCheese

Recommended

United Kingdom. Trade Balance. The value of the indicator has increased from -24.58B to -18.66B
Today at 6:00 AM
Canada. BoC Interest Rate Decision. The value of the indicator remained at the same level of 2.25%
Yesterday at 2:00 PM
Australia. CFTC AUD speculative net positions. The value of the indicator has decreased from -17.7K to -24.7K
10 July
United Kingdom. CFTC GBP speculative net positions. The value of the indicator has increased from -102.1K to -87.9K
10 July
Canada. CFTC CAD speculative net positions. The value of the indicator has decreased from -150.8K to -173.1K
10 July
Top news
United States. Retail Sales (MoM). The value of the indicator has decreased from 1% to 0.2%
1 hour ago
European Union. Trade Balance. The value of the indicator has decreased from -1.2B to -7.8B
Today at 9:00 AM
Canada. BoC Interest Rate Decision. The value of the indicator remained at the same level of 2.25%
Yesterday at 2:00 PM
United States. CPI (YoY). The value of the indicator has decreased from 4.2% to 3.5%
14 July
United States. Trade Balance. The value of the indicator has decreased from $-54.6B to $-77.6B
7 July
All news

Forecasts

USDJPY sell
Period: 23.07.2026 Expectation: 1090 pips
USDJPY sell-off targets 161.030 amid lower market volatility and higher inflation expectations in Japan
Technical analysis FA Other Chart analysis Indicators Fundamental analysis
Today at 11:09 AM 7
Lyra_Moonwell1
ETHUSD sell
Period: 16.08.2026 Expectation: 285 pips
Sell ETHUSD with $1,500 in sight
Indicators and reports FA Other Hot news Indicators
Today at 09:34 AM 6
Reed_Marcus
S&P 500 buy
Period: 30.07.2026 Expectation: 100 pips
Invest in SPX on slower US inflation
Indicators and reports FA Other Hot news Chart analysis
Today at 09:34 AM 12
Sinclair_John
Gold buy
Period: 23.07.2026 Expectation: 170 pips
Go long on gold with $4,200 target as institutions accumulate
Indicators and reports Technical analysis Hot news Indicators Fundamental analysis
Today at 06:49 AM 12
Emily_Foster
EURUSD buy
Period: 29.07.2026 Expectation: 1800 pips
Selling EURUSD down to 1.12500
Indicators and reports FA Other Hot news Chart analysis
Yesterday at 11:26 AM 36
Sinclair_John
Brent buy
Period: 31.07.2026 Expectation: 150 pips
Buying Brent crude up to $78.50 per barrel
TA Other FA Other
Yesterday at 10:52 AM 32
Bruce_Powers
Go to forecasts