The bank's economic team had previously anticipated a rate cut in November 2025. However, following the release of higher-than-expected inflation figures and the RBA's decision to hold the cash rate steady at 3.60%, ANZ has pushed back its forecast.
For borrowers, this means that interest rates on loans and mortgages are likely to remain unchanged in the near term. It's crucial for individuals and businesses to stay informed about potential future rate changes and plan their finances accordingly.
In summary, ANZ's revised cash rate forecast underscores the importance of monitoring economic indicators and central bank decisions. Borrowers should remain vigilant and consider seeking financial advice to navigate the current economic landscape effectively.
