CBA Chief Matt Comyn warns of slowing growth as inflation stays high
CBA Chief Matt Comyn warns of slowing growth as inflation stays high Oct 14 (Reuters) - Commonwealth Bank of Australia CBA.AX CEO Matt Comyn said on Wednesday 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, although more frequent and volatile international shocks were likely.
(Reporting by Roshan Thomas in Bengaluru; Editing by Shilpi Majumdar)
Recent news on Commonwealth Bank of Australia
See all newsAustralia's Helia eyes biggest daily drop since July, Morningstar flags rising claims risk
ASB Bank Limited - 2026 Financial Statements - ASB Covered Bond Trust
Bank rally helps Australia shares weather global equities selloff
Australian shares recover after surprise jobs drop tempers rate-hike expectations
Miners drag Australian shares to two-week low; hot US inflation weighs