Australia’s central bank cut official interest rates by 0.25 percentage points to 1.25 per cent, a new record low and immediately following the decision, ANZ announced it would cut rates by 18.
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2 days ago · The Federal Reserve cut interest rates on Wednesday to shore up the economy against risks including global weakness, but the head of the U.S. central bank said he did not view the move as the.
The Reserve Bank of Australia announced today yet another interest rate cut of 25 basis points taking it to 1 per cent, after bringing rates to a record low of 1.25 per cent in June. This means those.
Kiwibank chief economist Jarrod Kerr said the bank is "very, very close" to adding more interest rate cuts to its central prediction, meaning the OCR would drop to 0.75 per cent next year. The.
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The Reserve Bank has cut the official interest rate to a record low of 1 per cent. Tuesday’s 25 basis point cut to the cash rate follows a 25 basis point cut in June. The key reason the RBA is.
The Reserve Bank of Australia (RBA) has cut the official cash rate from 1.5 per cent to a new historic low of 1.25 per cent. The decision broke the RBA's longest streak without change the offical interest rate. The Reserve.
The Reserve Bank of Australia cut rates by 25 basis points to a historic low of 1.25 per cent as the pace of growth slowed to levels not seen since the global financial crisis. Australia dodged much of the global economic tumult of the past two decades as Beijing lapped up its vast iron ore, coal and other mineral deposits.
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.