Interest rates fall, as predicted ... now, what's next?
Reserve Bank of Australia (RBA) Governor Michele Bullock speaks to media during a press conference in Sydney, Tuesday, February 18, 2025. Source: AAP / DAN HIMBRECHTS/AAPIMAGE
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The Reserve Bank has delivered the expected cut in the official interest rate — the first since late 2020. But there's a sting in the tail, with a warning that economic conditions remain volatile, and any additional rate cuts this year are far from certain.
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