As we head into the final quarter of 2024, economists are closely watching for signs of when the Reserve Bank of Australia may begin easing interest rates.
Recent analysis suggests the timing for the first rate cut may be shifting slightly:
Current forecasts point to a potential 25bp rate cut in December 2024, pushed back from earlier November expectations.
Key factors to watch include:
➡ Q3 inflation data
➡ Unemployment trends
➡ Consumer spending patterns post-Stage 3 tax cuts
Comments