Goldman Scraps April RBA Cut, Still Sees Meeting as ‘Close Call’

Goldman Sachs Group Inc. economists pushed back their call for Australia’s next interest-rate cut to May from next week, citing uncertainty in domestic politics as well as the global trade outlook.

The Goldman economists’ revised call brings them into line with most other analysts who predict the RBA will keep its cash rate unchanged at 4.1% on Tuesday, having cut for the first time in four years last month.