WRAPUP 3-Australia c.bank cuts rates to all-time low, signals may need more
Australia’s central bank cut
interest rates for the third time this year on Tuesday in a bid
to stimulate a sluggish economy and signalled it was prepared to
do more if needed, knocking the local dollar to a one-month low.
interest rates for the third time this year on Tuesday in a bid
to stimulate a sluggish economy and signalled it was prepared to
do more if needed, knocking the local dollar to a one-month low.
Posted by Reuters
