Interest Rate Cuts 2024 Australia
Interest Rate Cuts 2024 Australia. When will the reserve bank cut interest rates? Will interest rates rise in 2024?.
Cba chief economist stephen halmarick is expecting the rba will start cutting rates in september, with three interest rate cuts expected in 2024 and another three in 2025. The reserve bank of australia (rba) is widely expected to hold the cash rate steady at 4.35 per cent when it announces its interest rate decision at 2:30pm today.