Australian Interest Rates Forecast 2024. Rba keeps interest rates at 4.35pc amid us recession fears, stubborn local inflation. Cba is forecasting the annual rate of inflation back at 3 per cent at the end of 2024, well ahead of the rba's current forecast and closer to the commonwealth.

Anz has predicted a peak of 4.35 per cent by august then a drop to 4.10 per cent by november, 2024. The reserve bank of australia has kept the official cash rate on hold at 4.35.