VIEW: The latest RTRS poll notes that...........>

RBA: VIEW: The latest RTRS poll notes that "Australia's central bank is all but

certain to keep its cash rate at a record low 0.25% at its May 5 meeting with

policy likely to remain unchanged through end-2021, according to a Reuters poll

of 23 economists. The Reserve Bank of Australia (RBA) has forecast the country

would suffer its biggest economic contraction since the 1930s in the first half

of this year due to containment measures to curb the spread of the coronavirus.

To blunt the economic shock, the RBA cut rates to all-time lows in March and

launched an "unlimited" quantitative easing programme aimed at keeping

three-year bond yields at 0.25%. RBA Governor Philip Lowe has said repeatedly

the bank would not take rates further down. The Reuters survey showed all but

one of the 23 economists polled expect the RBA to keep rates steady at least

until end-2021."