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AAP

Business

Jacob Shteyman

Economists less confident of RBA rate cut than market

RBA Steven Hamilton Brendan Rynne Richard Holden Sean Langcake Stephen Smith Tim Reardon Warren Hogan Warwick McKibbin Inflation

Out of 32 economists surveyed by AAP, 25 expect the RBA to drop its cash rate target by 25bps. (Bianca De Marchi/AAP PHOTOS)

A clear majority of economists believe the Reserve Bank of Australia will cut rates at its next board meeting, but they are less convinced than market pricing suggests.

Out of 32 Australian economists surveyed by AAP, 25 expected the RBA to drop its cash rate target by 25 basis points on Tuesday, bringing an end to 15 months with no change to monetary policy.

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