Free Trial

Mixed Trade on Firmer Underlying


Program seller


Ontario 5Y SOFR on Tap


Goldman Ups End-22 Tsy, Bund, Gilt Yield Forecasts


Effective Fed Funds Rate

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access
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."
MNI London Bureau | +44 0203-865-3809 |
MNI London Bureau | +44 0203-865-3809 |

To read the full story

Why Subscribe to

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.