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Coronavirus Rate Cuts: Australia's Central Bank Did It First

The Reserve Bank of Australia announced it would be cutting the cash rate by 25 basis points to 0.50 percent, its lowest on record according to recent figures.

Updated Sep 14, 2021, 8:16 a.m. Published Mar 4, 2020, 5:40 p.m.
Reserve Bank of Australia building
Reserve Bank of Australia building