Bank Australia 2025r John 2025. The australian economy is tipped to recover from the slowest growth rate outside of the pandemic in the past 33 years when mortgage holders finally get a rate cut in 2025,. The reserve bank sets the target ‘cash rate’, which is the market interest rate on overnight funds.
Most economists expect it will cut the cash rate target by 0.25 percentage points. All four of australia’s big banks are now forecasting that the reserve bank of australia board will cut the cash rate in february.
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