Press "Enter" to skip to content

Posts tagged as “ACCI”

Reserve Bank Lowers Rates To 2.75%

The Reserve Bank of Australia has cut its cash rate 0.25% to 2.75%, the lowest rate since the 1950s.

In a statement, Governor Glenn Stevens said the RBA’s board “judged that a further decline in the cash rate was appropriate to encourage sustainable growth in the economy, consistent with achieving the inflation target.”

AustralianPolitics.com
Malcolm Farnsworth
© 1995-2024