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Home | Australia cuts rates to 3% |
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Australia cuts rates to 3%
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- December 04, 2012
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The Reserve Bank of Australia has announced that it is cutting the nation’s interest rate by 25 basis points to 3%. In a statement, Governor Glenn Stevens forecast that global growth would be slightly below average for a time, with the European situation and the US fiscal cliff presenting potential risks. Governor Stevens went on [...]
- Read more at:http://www.bankingtimes.co.uk/2012/12/04/australia-cuts-rates-to-3-2/
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