Why CBA CEO Matt Comyn believes fewer interest rate hikes will be needed to cool the economy - The Australian Financial Review
5/11/2022 12:00:00 AM2 years 11 months ago
by James Thomson
by James Thomson
Consumer concerns about inflation and interest rates are moving fast. It’s one reason Matt Comyn thinks fewer rate increases are needed to cool the economy.
Conditions have clearly changed versus what we anticipated in February, he told this column on Thursday morning after delivering the banks third-quarter trading update (more on that later). But the … [+4711 chars]
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