Current Westpac Interest Rate 2025 Usa. Calculated daily on each balance amount within the tiers stated below; Compare savings accounts to find the best rates.
Westpac, one of australia’s big four banks, has revised its cash rate forecast and now expects the reserve bank of australia (rba) won’t make its first rate cut until may 2025. The federal funds rate is the target interest rate set by the fed at which commercial banks borrow and lend their extra reserves to one another overnight.