RBA Cuts Benchmark Rate to Record-Low 2.75%; Aussie Tumbles – Bloomberg
 NEWS.com.au |
RBA Cuts Benchmark Rate to Record-Low 2.75%; Aussie Tumbles
Bloomberg He joins global counterparts in embracing record-low rates in an economy where inflation is contained, mining spending is predicted to crest, and credit growth remains subdued. Stevens is aiming to rebalance growth as mining regions in the north and … Australia's central bank cuts rate to 2.75 percent RBA cut gives economy breathing room Economic experts say Reserve Bank should cut interest rates to help economy |
