Reserve Bank of Australia Cuts Interest Rates for First Time in 4...

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2025-02-18 07:00:04

Reserve Bank of Australia Cuts Interest Rates for First Time in 4 Years

The cash rate has been cut by 25 basis points.The Reserve Bank of Australia (RBA) has delivered a long-awaited New Year decision, cutting the cash rate target from 4.35 to 4.10 percent—the first reduction…

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