Economists tip the RBA to start easing in September.
The cash rate is 4.35 per cent.
The RBA will act later than the Federal Reserve and European Central Bank.
Economists predict the Reserve Bank of Australia will start cutting interest rates in September, setting the cash rate on course to hold at a 12-year-high of 4.35 per cent for most of the year, before relief arrives for borrowers.
But lower interest rates in Australia will trail the US Federal Reserve, the European Central Bank and the Reserve Bank of New Zealand, just as the start of the RBA’s tightening cycle lagged other advanced economies.
