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Australian rate forecast: Could cuts be coming this February?

Author
Newstalk ZB,
Publish Date
Tue, 4 Feb 2025, 7:41pm
Photo / 123RF
Photo / 123RF

Australian rate forecast: Could cuts be coming this February?

Author
Newstalk ZB,
Publish Date
Tue, 4 Feb 2025, 7:41pm

Australia has kept their official cash rate on hold for an entire year - but one expert believes that's likely to change.

The nation has been committed to bringing down inflation, but HSBC's Paul Bloxham predicts a rate cut will come this February.

He explained the factors contributing to this choice, and outlined his predictions for the rest of 2025.

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