CBA CEO Says Growth Is Slowing as Inflation Remains High
Commonwealth Bank of Australia CEO Matt Comyn said at the bank’s annual general meeting that inflation remains too high and growth is slowing as higher interest rates work to ease price pressures. He also said the economy remained resilient.
Commonwealth Bank of Australia (ASX:CBA) CEO Matt Comyn said Wednesday that inflation remains too high and growth is slowing as higher interest rates work to ease price pressures. At the bank’s annual general meeting, Comyn said Australia’s economy remained resilient, although more frequent…