According to a report by Jinshi Data, ANZ Bank expects the Reserve Bank of Australia to cut interest rates once in February and once in August. Adam Boynton, head of Australian economics at ANZ Bank, stated that the rate cuts will be limited and may not meet the market's expectations for significant reductions. The Reserve Bank of Australia has not significantly raised rates previously, so there is limited room for cuts. This may provide limited assistance to small businesses and homebuyers.