• April 16, 2024

Reserve Bank Of Australia Slashes Cash Rates As Stimulus Measure

The RBA has slashed cash rates to stimulate the slowing economy. The central bank of Australia has slashed rates by 1.25 percent which is a record low. On Tuesday, the bank has taken the first step towards stimulating the economy. With the country‚Äôs economic slowdown, policymakers had to take the stimulus measure to revive the…

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