RBA cuts interest rates, ready to respond again if the economy weakens further
- Written by John Hawkins, Senior Lecturer, Canberra School of Politics, Economics and Society, University of Canberra
Reserve Bank Governor Michele Bullock speaks at a forum during the World Bank/IMF meetings in Washington in April.Jose Luis Magana/APThe Reserve Bank of Australia cut the official interest rate for the second time this year, as it lowered forecasts for Australian economic growth and pointed to increasing uncertainty in the world economy.
The bank...
Read more: RBA cuts interest rates, ready to respond again if the economy weakens further
