Reserve Bank Of Australia Slashes Cash Rates As Stimulus Measure

• ann.castro
• June 10, 2019
• 0

The RBA has slashed cash rates to stimulate the slowing economy. The central bank of Australia has slashed rates by 1.25 percent which is a record low. On Tuesday, the bank has taken the first step towards stimulating the economy. With the country’s economic slowdown, policymakers had to take the stimulus measure to revive the…