Murray Olds: Australian correspondent on the RBA cutting the OCR to 4.1 percent
Heather du Plessis-Allan Drive · Newstalk ZB
February 18, 20255m 57s
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Show Notes
Over in Australia, the RBA has moved to lower the Official Cash Rate by 25 basis points from 4.35 percent to 4.1 percent.
This is in line with predictions from economists, who'd noticed inflation had eased in the final quarter of 2024.
Australian correspondent Murray Olds says this will come as good news for homeowners, who have had their mortgage payments skyrocket over the past few months.
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Topics
businessmoneyeconomyAustralia