Would banks use Reserve Bank rate cuts to claw back a bit extra from savers?

Would banks use Reserve Bank rate cuts to claw back a bit extra from savers?

Savers beware: some analysts think that when interest rates fall, banks will try to cut rates on savings accounts by more than the RBA’s reductions. Savers beware: some analysts think that when interest rates fall, banks will try to cut rates on savings accounts by more than the RBA’s reductions. Business / Banking & finance Sydney Morning Herald – Business

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