Australia is likely to join other major economies in cutting interest rates in 2025, according to high-profile economist stephen koukoulas (pictured above right), who expects the reserve bank. · the reserve bank of australia is widely expected to deliver its first back-to-back interest rate cut since the covid-19 pandemic because of easing inflation and sluggish economic growth, with. · the reserve bank of australia has lowered its benchmark interest rate to 3. 6%, marking the third cut this year, as inflation eases and economic growth slows. Australias central bank cut its benchmark lending rates by 25 basis points on tuesday, while downgrading the annual economic outlook for the country. Here’s why it looks likely we’ll see one more rate cut this year. The policy change follows the release of … · australia’s central bank trimmed its key interest rate for a third time this year, while signaling future policy decisions will hinge on incoming data. · the reserve banks economic outlook suggests further room to cut interest rates, but its not all good news for most working-age australians. · rate cuts expected to continue amid global economic uncertainty while the australian economy faces challenges, the outlook for future rate cuts remains a topic of speculation. · this marks the first easing of monetary policy in over four years, signalling a pivotal shift in australia’s economic landscape and suggesting that the economy has passed the bottom of the business cycle. · the reserve bank’s encouraged by the sharp fall in inflation and worried about the global outlook. · wrapping up a two-day policy meeting, the reserve bank of australia cut the cash rate by 25 basis points to 3. 85%, saying that upside risks to inflation had diminished as the … Governor michele …