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

  • Australia has 4 major banks, with 3 differing forecasts
Eamonn Sheridan
23/09/2024 | 22:54 GMT

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':

  • Reserve Bank of Australia meeting today - preview - on hold expected
  • RBA 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
rba michele-bullock Reserve Bank of Australia

Reserve Bank of Australia Governor Bullock

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