NEWS.com.au |
Reserve Bank of Australia expects global economic slowdown
Herald Sun In the minutes of its December board meeting, released today, the Reserve Bank of Australia warned economic growth was likely to stall in 2012. The RBA cut interest rates by 25 basis points to 4.25 per cent at the meeting, citing economic instability … RBA Signals Economy Weathering EU Crisis as Mining Intensifies Reserve Bank expects world economy to weaken in 2012: Midday Roundup European crisis likely to determine Reserve Bank stance on rates, minutes show |