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RBA cuts interest rates, ready to respond again if the economy weakens further

  • Written by The Conversation
RBA cuts interest rates, ready to respond again if the economy weakens furtherReserve Bank Governor Michele Bullock speaks at a forum during the World Bank/IMF meetings in Washington in April.Jose Luis Magana/AP

The 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

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