Australia's "Big Four" banks predict February interest rate cut
SYDNEY, Jan. 30 (Xinhua) -- All of Australia's "Big Four" banks have said they expected the country's central bank to cut interest rates in February after inflation fell to a three-year low.
The National Australia Bank (NAB) said Thursday it is now predicting that the board of governors of the Reserve Bank of Australia (RBA), the nation's central bank, will cut the cash rate target when it next meets in mid-Febr