UPDATE 1-Australia’s central bank cuts rates to 1%, likely not done yet
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.
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.
Posted by Reuters
