NewsBite

Economists now see rates on hold this year

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Subscribe now

Already a subscriber?

Market economists have trimmed their rate forecasts and are expecting a stable cash rate for 2019 but do not expect a cut, The Australian Financial Review's quarterly economist survey has revealed.

The March survey showed that economists were decidedly more downbeat on growth compared to just three months ago, when they expected GDP to reach 2.70 per cent by the end of June – by the end of March that forecast had fallen to 2.20 per cent.

Loading...
Sarah Turner is the editor of the AFR Weekend Perspective section based in our Sydney newsroom. Email Sarah at s.turner@afr.com
Vesna Poljak is the Companies editor. She was previously the Markets editor with a special interest in the investment industry, hedge funds and accounting. She is based in the Sydney newsroom. Connect with Vesna on Twitter. Email Vesna at vpoljak@afr.com
William McInnes covers markets from Sydney including editing the Markets Live blog. Connect with William on Twitter. Email William at w.mcinnes@afr.com.au

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Subscribe now

Already a subscriber?

Read More

Latest In Economy

Fetching latest articles

Most Viewed In Policy

    Original URL: https://www.afr.com/policy/economy/economists-now-see-rates-on-hold-this-year-20190331-p519b9