3 forecasts for the first RBA rate cut: December '24, February, May '25

The Reserve Bank of Australia will announce its latest decision today at 2.30 pm Sydney time

• 0430 GMT
• 0030 US Eastern time

Expectations are unanimous for 'on hold':

• Reserve Bank of Australia meeting today - preview - on hold expected

• RBA meeting - preview - to leave the cash rate on hold at 4.35%

When will the first cut happen? Australia's 4 biggest banks have 3 different forecasts.

• CBA: December 2024
• ANZ: February 2025
• Westpac: February 2025
• NAB: May 2025

Reserve Bank of Australia Governor Bullock