• 11/26/2024

RBA to Cut Rates by November, Westpac Says

Wall Street Journal

Australia’s second-quarter CPI data on Wednesday was strong evidence that price pressures continue to ease across the economy and the Reserve Bank of Australia will likely be in a position to cut the official cash rate by November, says Luci Ellis, chief economist at Westpac.

https://www.wsj.com/articles/rba-to-cut-rates-by-november-westpac-says-b69f7cac