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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 GMT0030 US Eastern time

Expectations are unanimous for ‘on hold’:

Reserve Bank of Australia meeting today – preview – on hold expectedRBA meeting – preview – to leave the cash rate on hold at 4.35%

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.

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