Commonwealth Bank forecasts massive interest rate cuts for Australians: Here’s when the country’s biggest bank predicts they will begin
The Commonwealth Bank is now forecasting six interest rate cuts in 2024 and 2025 – starting in September next year as Australian inflation moderates faster than predicted. Stephen Halmarick, the chief economist of Australia’s biggest home lender, is expecting 0.75 percentage points of rate cuts in 2024 followed by another 0.75 percentage points of easing … Read more