A piece in the Wall Street Journal says the Reserve Bank of Australia is likely to "nudge its economic-growth forecasts lower"
- The increasing likelihood of a downgrade might also shift the balance of probability toward an interest-rate cut in May "even as some positive signals from the economy emerge"
- RBA growth forecasts for the next couple of years will be published on May 8
- The monetary policy setting board meets on May 5, bu "will get a sneak preview of the new numbers ahead of its May 5 rate decision"
- Article quotes "relentless falls" in the iron-price