Tag: RBA Cuts Interest Rates

The Reserve Bank of Australia (RBA) has cut the official cash rate by .25 basis points to 3.5 percent in its meeting today, citing a slowdown in growth as a key driver behind its decision.

The Reserve Bank of Australia (RBA) has cut the official interest rate by 0.5 percent to 3.75 percent, citing weakened economic conditions and moderate inflation as the drivers behind its decision.