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Coronavirus lifts chances of RBA rate cut

Matthew Cranston
Matthew CranstonUnited States correspondent

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The Reserve Bank is set to further downgrade economic growth on the back of coronavirus and collapsing sharemarkets, pushing the chances higher for another interest rate cut on Tuesday.

The central bank, which sent its entire China-based staff home when travel restrictions were enforced, has been monitoring the hit to supply chains and domestic consumption from the coronavirus.

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Matthew Cranston is the United States correspondent, based in Washington. He was previously the Economics correspondent and Property editor. Connect with Matthew on Twitter. Email Matthew at mcranston@afr.com

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    Original URL: https://www.afr.com/policy/economy/coronavirus-lifts-chances-of-rba-rate-cut-20200225-p5441g