Monday, February 2, 2015

Australia's RBA cuts rates to record low, market hankers for more

SYDNEY (Reuters) - Australia's central bank cut its cash rate to an all-time trough of 2.25 percent on Tuesday, breaking an 18-month hiatus on stimulus as it seeks to spur a sluggish economy while keeping downward pressure on the local dollar.






from Reuters: Most Read Articles http://ift.tt/1yyyRCX http://www.reuters.com

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