Commonwealth Bank of Australia (CBA) CEO Matt Comyn
- Australia’s easing cycle would be “slower and shallower” than what people had been expecting
- further rate cuts would not arrive until later in the year
- Australia “clearly not out of the woods” when it came to inflation
- further rate cuts would “hinge on [economic] data points”.
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Was speaking at the Australian Financial Review Business Summit in Sydney.
This article was written by Eamonn Sheridan at www.forexlive.com.
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