RBA cuts interest rates to a fresh record low

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Bank of Canada Hold Interest Rate at 1.75% Says Economy Returning to Growth Around Potential ; RBA Cuts Rate by 25 bps to 1.00% Record Low Second Month In A Row ; Bank of England Holds Base Rate at 0.75%, Cuts UK Growth Rate ; Federal Reserve Keeps Rates Unchanged as Expected, Labor Market Strong ; Goldman Sachs Warns of Surprise Banco de México Rate Cut as Mexican Economy.

Reserve Bank governor philip lowe says two interest rate cuts in as many months should put the economy on a "better path" but he has again called on the government to pull its weight. The RBA on.

 · The RBA cut interest rates to a fresh record low of 1% this month as it tries to reinvigorate a slowing economy.

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The Reserve Bank of Australia (RBA) has cut official interest rates to just 1.25%. The cut of 25 basis points sets a new record low amid concerns from RBA Governor Philip Lowe about rising unemployment, low inflation and stagnant wages growth.

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The Reserve Bank has cut interest rates by 25 basis points to a new record low of 1.25 per cent in what is the first movement in cash rates since August 2016. The announcement comes as no surprise, with the majority of experts and economists expecting the Reserve Bank would make its first move in nearly three years just weeks after the Federal.

Lowe’s speech, which made the case for maintaining the RBA’s current policy framework despite prolonged low inflation, was his most explicit that further easing remains on the table. The Reserve Bank.

The Reserve Bank has cut its official interest rate by 0.25 percentage points to a new record low of 1.25 per cent. While it is the first change in the RBA’s policy setting since August 2016, it.

 · The RBA’s latest rate cut is aimed at heading off a further slowing in growth which would threaten higher unemployment and lower for longer inflation. For investors, it means low-interest rates.

 · 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.

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The Reserve Bank of Australia has cut the cash rate to a new record low 1.25 per cent.