1. Hello Guest Do you know binary.com offers exclusive $20 No Deposit Bonus for FX Binary Point visitors? Click here to sign up

RBA Unexpectedly Cuts OCR Amid Slowing Inflation

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

  1. Angela_Riplay

    Angela_Riplay Forum Member

    Joined:
    Sep 9, 2015
    Messages:
    8,596
    Likes Received:
    1
    The Reserve Bank of Australia surprised economists by slashing interest rates to a new historic low in a bid to reignite inflationary pressures. The central bank cut the official cash rate by 25 basis points to 1.75%, after keeping rates on hold for a year. The decision came after the[​IMG]

    Continue reading...
     

Share This Page