The Reserve Bank of Australia (RBA) cut interest rates by 25 basis points to a fresh record-low of 1.50% at its August monetary policy meeting, a decision that was expected by a majority of.
· The Reserve Bank on tuesday slashed interest rates by 25 basis points to a historic low of 2.75 per cent, the first reduction this year. The decision followed a spate of soft economic data that increased calls by industry groups and other observers for a lower cash rate.
The Reserve Bank of Australia has cut official interest rates to a new record low of 1.25 per cent, as it looks to turn around sluggish employment, wages and inflation. The official rate cut, just.
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In the first labour force reading since the Reserve Bank cut the official interest rate to a record low of 1 per cent this.
TOKYO (Reuters) – Expectations that the european central bank and Federal Reserve will cut interest rates. was taking a.
RBA cuts interest rates to a fresh record low back to news The Reserve Bank has cut its official interest rate by 0.25 percentage points to a new record low of 1.25 per cent.
The Australian Dollar slipped initially but soon recovered Tuesday as the Reserve Bank of Australia cut interest rates for a second month straight. The Official Cash Rate is now 1.0%, a new record low.
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Interest rate set at record low The RBA is hoping that a second straight monthly reduction in the cost of borrowing will help offset global uncertainty and sluggish domestic wage growth.
The Reserve Bank has cut its official interest rate by 0.25 percentage points to a new record low of 1.25 per cent.
interest rates; RBA cuts cash rate to new record low of 1 per cent. The RBA has cut the official cash rate for the second month in a row to a fresh record low of 1 per cent.
The Reserve Bank has cut its official interest rate by 0.25 percentage points to a new record low of 1.25 per cent. While it is the first change in the RBA’s policy setting since August 2016, it.
· The Reserve Bank of Australia cut its benchmark interest rate by 25 basis points on Tuesday to a record low of 2.75 percent to boost economic growth.