The Reserve Bank Board (RBA) met today and cut the official interest rate by 0.25% to 1.5%. This decision had been widely anticipated, as expectations of declining inflation for the June quarter were realised with the data released in late July.
The Reserve Bank Board (RBA) met today and cut the official interest rate by 0.25% to 1.5%. This decision had been widely anticipated, as expectations of declining inflation for the June quarter were realised with the data released in late July.