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AAP
AAP
Business
Jacob Shteyman

RARE PHOTOS: Interest rate cut tipped despite trump tariff backdown | Vintage Vibes

Borrowers will be smiling if the Reserve Bank of Australia cuts interest rates on Tuesday. (Bianca De Marchi/AAP PHOTOS)

A clear majority of economists believe the Reserve Bank of Australia will cut interest rates at its next meeting, but developments abroad mean it's no longer a sure thing.

US President Donald Trump recently slashed tariffs on China to 35 per cent from a whopping 145 per cent, prompting Beijing to lower its own tariff wall and triggering a rebound in values for riskier assets such as shares.

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