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Reserve Bank cuts interest rates to new low of 1.75pc

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sbs.com Source: SBS

The Reserve Bank of Australia has moved to head off fears about deflation, cutting its official cash rate by 25 basis points to a historic low of 1.75 per cent.Spiros Papastefanou reports


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By Σπύρος Παπαστεφάνου, Spiros

Source: SBS



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The Reserve Bank of Australia has moved to head off fears about deflation, cutting its official cash rate by 25 basis points to a historic low of 1.75 per cent.Spiros Papastefanou reports



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