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RBA to cut rates in November and February – CBA

Updated: 15 Aug. 2019 | 05:02

The Commonwealth Bank of Australia (CBA) expects the Reserve Bank of Australia (RBA) to cut rates by 25 basis points in November and deliver another quarter-point rate cut in February 2020.

The current Australian interest rate or RBA’s official cash rate is 1.00%. The central bank cut rates by 25 basis points in June and July.

RBA interest rates

Source: global-rates.com

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