Monday , 25 November 2024
Home Forex 3 forecasts for the first RBA rate cut: December ’24, February, May ’25
Forex

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.

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

ECB’s Lane: Monetary policy should not remain restrictive for too long

Barring new geopolitical or political risks, a large part of the final...

Reminder: It will be a holiday-shortened week in the US

And typically, that means broader markets will likely observe a more quiet...

Dollar down as Trump picks Scott Bessent for role of Treasury secretary

The initial reaction seems to be that billionaire Scott Bessent is a...

FX option expiries for 25 November 10am New York cut

There are just a couple to take note of, as highlighted in...