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Australia cuts policy rate to 2-year low as inflation concerns continue to recede
cnbc.com/2025/05/20/australia-rba-cuts-policy-rate-2-year-low-as-inflation-concerns-continue-recede.html
Australia's central bank cut its policy rate by 25 basis points to the lowest in two years as inflation concerns in the country continue to recede, giving room for the bank to ease monetary policy.
The Reserve Bank of Australia cut the benchmark rate to 3.85%, its lowest level since May…
This story appeared on cnbc.com, 2025-05-20 07:07:53.351000.