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19th Data on June 11, ANZ Bank has postponed the expected first rate cut by the Australian Reserve Bank from November this year to February 2025. The bank said it has been warning that the risk tends to start the easing cycle later. ANZ Bank also added that there is also the possibility of subsequent easing policies around April 2025, but also in May. The bank maintains the expectation of three rate cuts, but expects the final rate cut to be postponed to the last quarter of 2025. ANZ Bank added that the risk around the degree of easing tends to be more likely for two rate cuts than for four rate cuts.