Australia's NAB and Westpac cuts rates, mirroring central bank

Reuters
18 Feb
Australia's NAB and Westpac cuts rates, mirroring central bank

Feb 18 (Reuters) - National Australia Bank NAB.AX and Westpac WBC.AX cut their home loan interest rates by 25 basis points on Tuesday, in tandem with the central bank cutting its rates for the first time since November, 2020.

(Reporting by Rajasik Mukherjee; Editing by Savio D'Souza)

((Rajasik.Mukherjee@thomsonreuters.com;))

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