Westpac Group CEO Peter King has predicted the cash rate will be cut in February 2025.
'Well-placed': Westpac CEO Peter King makes massive cash rate call which will see many Aussies breathe a sigh of relief
Westpac Group boss Peter King has made a huge cash rate call as Aussies at the top of the cost of living crisis can expect to see the horizon coming into view. Picture: NewsWire / Martin Ollman “From the macro perspective, the Australian economy is proving resilient compared to global peers,” Mr King said.
“Westpac’s view is the Australian economy is well placed for a return to higher levels of growth when pressures ease.”
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