Interest Rate Cuts 2024 Australia. The cash rate target has been steady for seven months now. It probably won't be because of interest rate cuts from the federal reserve.
Economists at the nation’s big four banks are still predicting that we’ve seen the peak of the most recent round of rate rises, but none of the big four anticipate we’ll. The australian stock market fell sharply immediately following the release of the inflation data as investors pushed back their expectations of an rba interest rate cut.