Morrison: Interest rate cut up to RBA

By Loren Webb · 26 April 2019 · Banking

Morrison: Interest rate cut up to RBA

Interest Rate Cut Looms: What's Next for Aussie Borrowers?

The Reserve Bank's decision is imminent, but Prime Minister Scott Morrison is staying tight-lipped. Will the cash rate drop, and what does it mean for your wallet?

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Summary

Prime Minister Scott Morrison won’t be drawn on a possible interest rate cut by the Reserve Bank, saying any reduction is a decision for the independent central bank. Financial markets see an increased likelihood of a cut in the 1.5 per cent cash rate after inflation figures released this week showed the annual rate unexpectedly […]

Tags: Bank, Economy, Finance, Interest rate, interest rate cut, Rba, Scott Morrison