Interest Rate Cuts 2024 Australia

Aussies are desperately waiting for cost of living relief via interest rate cuts but new issues have emerged which could stop. Explore the shifting financial landscape in 2024 as interest rate expectations evolve from anticipated cuts to a higher for longer scenario.

Australia’s interest rates unlikely to be cut in 2024. The bank of england cuts borrowing costs from 5.25% to 5% in the first drop for more than four years.