Australian central bank cuts key interest rate to 0.1%


Australia’s central bank has cut its benchmark interest rate by 0.15 of a percentage point to a record low 0.10% in a bid to lift the economy from a pandemic-induced recession

CANBERRA, Australia — Australia’s central bank on Tuesday cut its benchmark interest rate by 0.15 of a percentage point to a record low 0.10% in a bid to lift the economy from a pandemic-induced recession.



Sahred From Source link World News

Leave a Reply

Your email address will not be published. Required fields are marked *