Interest Rate Cuts 2024 Australia. Major bank economists are tipping interest rate cuts of more than 1 per cent next year as the pain of the past 15 months finally takes effect and slows the economy. Will australians see rate cuts in 2024?
There is a 30% chance of an rba rate hike priced in for 2024 with around a 25% chance of a hike at the august meeting. Explore the shifting financial landscape in 2024 as interest rate expectations evolve from anticipated cuts to a higher for longer scenario.