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Reserve Bank of Australia Governor Hints at Further Rate Cuts
The Reserve Bank of Australia (RBA), as expected, cut the interest rate by a quarter percentage point to 3.85%, aligning with market expectations. This move provides the central ba...
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The Reserve Bank of Australia (RBA), as expected, cut the interest rate by a quarter percentage point to 3.85%, aligning with market expectations. This move provides the central bank with room to address rising global trade risks as local inflation cools.

RBA Governor Michele Bullock stated that during the meeting, members assessed the options between maintaining the rate and cutting it, and discussed whether to cut it by half a percentage point.

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