Australia's major banks have differing opinions on the timing of RBA rate cuts
Signage of Australia's 'big four' banks ANZ, Westpac, the Commonwealth Bank (CBA) and the National Australia Bank (NAB) Source: AAP / AAP Image/Joel Carrett
The cash rate has stayed the same since November 2023, with Reserve Bank of Australia (RBA) governor Michele Bullock saying that taming inflation is a "balancing act". So, what does the RBA consider when setting its cash rate target, and what do the 'big four' banks think lies ahead? Listen to SBS Sinhala podacst for more information.
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