3 forecasts for the first RBA rate cut: December ’24, February, May ’25

The Reserve Bank of Australia will announce its latest decision today at 2.30 pm Sydney time

  • 0430 GMT
  • 0030 US Eastern time

Expectations are unanimous for ‘on hold’:

When will the first cut happen? Australia’s 4 biggest banks have 3 different forecasts.

  • CBA: December 2024
  • ANZ: February 2025
  • Westpac: February 2025
  • NAB: May 2025

Reserve Bank of Australia Governor Bullock

This article was written by Eamonn Sheridan at www.forexlive.com. Source