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Australia Cuts Rates To Historic Lows

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Aug 3, 2016.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    The Reserve Bank of Australia cut its interest rate by 25 basis points to an all-time low of 1.50% on Tuesday, amid signs of slowing economy. This is the second easing during this year which is supposed to defend the economy from creeping deflation as well as restrain a too-strong[​IMG]

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