Australia lowers interest rates to 3.85%, second cut this year |...

Dununu.com Dununu

Sponsored

Australia lowers interest rates to 3.85%, second cut this year

RSS Feed Business

Posted

93

The Reserve Bank of Australia (RBA) has cut the cash rate to 3.85%, marking the second reduction this year amid declining inflation, now within the 2-3% target. This decision follows concerns about global economic uncertainty due to US tariffs, despite recent trade negotiation revivals between the US and China. While inflation stabilises, unemployment has slightly increased to 4.

Read Full Article

Please log in to like, share and comment!

Epstein Files: Will FBI director Kash Patel resign? Clash deepens over unreleased documents

FBI Director Kash Patel is reportedly considering resigning amid a dispute over the handling of...

By 0 3

Blood, Votes, and Bibi: How Gaza war allowed Benjamin Netanyahu to stage a comeback - and save his political career

There was a moment — brief, hushed, and deliberately unrecorded — in April 2024 when...

By 0 3

IND vs ENG Test: 'Something I can tell my son' Bumrah on getting name on Lord's Honours Boards

Jasprit Bumrah's exceptional five-wicket haul against England at Lord's earned him a place on the...

By 0 6

Indian Army Agniveer answer key 2025 to be released soon: Here’s how to download and raise objections

By 0 7

Pilgrims going to Kailash Mansarovar stranded after Rasuwa floods

KATHMANDU: The Trekking Agencies’ Association of Nepal (TAAN), the umbrella body of...

By 0 10