Interest Rate Cuts 2024 Australia. Some see rate cuts from december 2024, a growing number doubt rates will move downwards till 2025, and other forecast rate rises. 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.
Australia’s biggest bank says the rba will start to slash interest. China’s central bank on thursday cut a key interest rate, in beijing’s second move this week to try to offset a weakening economy and a housing market crisis.