Interest Rates 2024 Forecast Australia. The cash rate has been on pause at its current level of 4.35% throughout all of 2024,. Cba chief economist stephen halmarick is expecting the rba will start cutting rates in september, with three interest rate cuts expected in 2024 and another.


Interest Rates 2024 Forecast Australia

Interest rate in australia averaged 3.86 percent from 1990 until 2024, reaching an all time high of 17.50 percent in january of 1990 and a record low of 0.10 percent in november of 2020. The rba will look at a range of data when determining whether to raise, lower or hold the cash rate steady.

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