UPDATE 1-Australia’s central bank cuts rates to 1%, likely not done yet
01 Jul UPDATE 1-Australia’s central bank cuts rates to 1%, likely not done yet
Posted at 04:54h
in
News
by KMFSLLP
Australia’s central bank on
Tuesday cut interest rates for the second time in as many months
as it strives to revive a sluggish economy and reduce
unemployment, a tough task that may yet require even more
stimulus.
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