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November interest rate rise a 'live' possibility, CBA chief says

World 1 source 1 country 🔦 Under-reported 47m ago

Commonwealth Bank of Australia (CBA) chief executive Matt Comyn stated that a November interest rate rise remains a live possibility. Speaking with the ABC's Alan Kohler, Mr Comyn noted that while the bank's base case is that the Reserve Bank of Australia is finished raising rates, any future movement hinges entirely on the upcoming inflation data scheduled for release late this month.

During the discussion, the CBA chief also addressed broader economic and technological topics, touching on productivity, artificial intelligence, and the housing market.

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Read the full story at the source ABC News (AU) · AU ↗
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