Reserve downgrades economy and paves way for more rate cuts – Sydney Morning Herald
 NEWS.com.au |
Reserve downgrades economy and paves way for more rate cuts
Sydney Morning Herald THE Reserve Bank has dramatically downgraded its assessment of the Australian economy ahead of the budget, slashing its forecasts for growth and inflation and opening the door to further interest rate cuts. The bank's latest quarterly review, … RBA cuts growth outlook as economy softens China's economy stabilising, Europe the big risk – RBA Aussie Reserve Bank expects Chinese economy to cool |
