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AAP
AAP
Politics
Jacob Shteyman

SHOCKING: Big bank changes rba rate call as cost pressures ease | Mind Blowing Facts

NAB's latest business survey shows momentum in the economy has slowed. (Joel Carrett/AAP PHOTOS)

The Reserve Bank's next interest rate move is more likely to be down than up, economists at National Australia Bank say.

NAB has joined Commonwealth Bank and ANZ in forecasting the cash rate to stay on hold at 4.35 per cent for the rest of 2026, having previously predicted one more hike in August.

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