Bad for news for Aussies hoping for an interest rate cut

Anthony Albanese is set to miss out on an election campaign interest rate cut as Donald Trump's import tariffs block relief for home borrowers. 

The Reserve Bank of Australia's next decision on Tuesday also coincides with April Fool's Day.

But economists are almost universally expecting the RBA cash rate to stay on hold at 4.1 per cent on April 1, following the central bank's two-day meeting this week.

This would deprive that average borrower of $100 in repayment relief that could help with the groceries during a cost-of-living crisis.

Compare the Market's economic director David Koch said Donald Trump's new 25 per cent tariffs on Australian agricultural and pharmaceutical e...
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