Australia Interest Rate Prediction 2024. The major bank believes the cash rate will be lowered by 0.75 per cent by the reserve bank of australia (rba) over 12 months, starting in september 2024. Australia's central bank held rates steady.
Amp chief economist shane oliver predicted there will be three rate cuts in 2024, starting in june, but he said rates would not go down as fast or as far as they had risen in recent years. Get the latest cash rate predictions and insights from 40+ experts.