RBA Interest Rate Cut Imminent? Commonwealth Bank Says ‘Done Deal’
“Interest rate cuts may be closer than we think“. Commonwealth Bank of Australia (CBAUF) says it’s already a “done deal.” That’s a bold claim. But it comes with reasons. Right now, Australia’s economy is slowing down. People are spending less. Inflation is cooling off. Job growth isn’t strong. These are the signs central banks usually watch. And when things slow too much, they cut rates.
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