Australia's First Rate Cut In 4 Years: An Analysis

Sophia Angala, Economist, ANZ Research

19-Feb-25 07:30

Australia's First Rate Cut In 4 Years: An Analysis

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The Reserve Bank of Australia cut benchmark interest rates for the first time since November 2020, lowering the cash rate by 25 basis points to 4.1% as softening inflation allows room for easing policy. Sophia Angala, an economist, ANZ Research, shares her perspective on the decision and what can be expected in an uncertain 2025 for the global economy.

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Produced by: Aghilen Sankar, Aisalli Ayub

Presented by: Shazana Mokhtar, Wong Shou Ning, Keith Kam

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Categories: economy, politics, government, international

Tags: interest rate cuts, cash rate, rba, reserve bank of australia, inflation, australian economy,

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