Revealed: Chances of interest cut before Xmas

Aussies hoping for interest rate relief before Christmas may have to wait a lot longer after a new record slashed the chance of a cut by the Reserve Bank.

The Commonwealth Bank, which has held strongly onto forecasts of a rate cut before 2024 ends, was among the first financial institutions to concede that new data showing Australia’s fresh record employment participation rate “reduces the odds of a December RBA rate cut”.

To know more: https://www.news.com.au/finance/real-estate/buying/fresh-record-slashes-hope-of-xmas-interest-rate-cut/news-story/3bba9ac9f68ba12ce25fd74d89c06526

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Revealed: Chances of interest cut before Xmas
Aussies hoping for interest rate relief before Christmas may have to wait a lot longer after a new record slashed the chance of a cut by the Reserve Bank.
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Revealed: Chances of interest cut before Xmas

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