The Globe & Mail
Story video euro zone With modest domestic growth and a weaker and more uncertain international environment, the outlook for inflation afforded scope for a more accommodative stance of monetary policy," governor Glenn Stevens said in a statement . Mr.
The Globe & Mail
Wealth Citing a weaker outlook abroad and only modest domestic growth, the Reserve Bank of Australia cut its cash rate by 25 basis points to 3.5 per cent. The local dollar showed little lasting reaction because the decision was largely expected,...
Sydney Morning Herald
The Reserve Bank of Australia (RBA) today cut the cash rate by 25 basis points to 3.50 per cent, its lowest level since November 2009 when the nation was still being battered by the global financial crisis. Australian Chamber of Commerce and Industry...
Sydney Morning Herald
May there has been a series of observations around the world economy and the domestic economy that suggest to us that the (Reserve) Bank is prepared to cut rates significantly further," said Westpac chief economist Bill Evans. Mr Evans made headlines...
Sydney Morning Herald
Weak financial sentiment and perfidious Europeans delivered today's 25-point trimming of the cash rate. No, the Reserve Bank is not owning up to any past mistakes: it's doing what it has room to do in the face of uncertainty. Specifically, RBA...
International Business Times
As expected by economists and analysts, the Reserve Bank of Australia (RBA) cut on Tuesday the overnight cash rate by 25 basis points to 3.5 per cent. The move aims to pre-empt the possible repercussions of the uncertainty if Greece will leave the...