SBS cuts rates; OCR set to fall

Monday, August 5th 2019, 9:45AM

Over the weekend, SBS Bank introduced a series of rate cuts for its shorter term fixed offerings. Its special 1-year, 18 month, and 2-year rates are now the cheapest in the market at 3.78%. Take a look here: [READ ON].

But for how long? TMM's OCR Preview Survey reveals economists are unanimous on a rate cut later this week. [READ ON].

Tags: SBS

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