CBA CEO Warns Growth Is Slowing as Inflation Remains High
Commonwealth Bank CEO Matt Comyn said Australia’s economy remained resilient while inflation was still too high and growth was slowing as higher interest rates worked to return price growth to target.
Commonwealth Bank of Australia (ASX:CBA) CEO Matt Comyn said on Wednesday that inflation remained too high and economic growth was slowing as higher interest rates worked to bring price growth back to target. Speaking at the bank’s annual general meeting, Comyn said Australia’s economy remained resilient…