Original article by Perry Williams, Joyce Moullakis
The Australian – Page: 17 & 22 : 2-May-19

APA Group’s Mick McCormack has weighed into the debate on the outlook for monetary policy, saying the Reserve Bank should not reduce the cash rate in May. He argues that a rate cut during an election campaign would "inevitably" become politicised. ANZ Bank CEO Shayne Elliott also believes that an interest rate cut is needed in May, and a number of economists have forecast a rate cut. However, financial markets have priced in a 44 per cent chance of a rate cut at the central bank’s monthly board meeting.

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