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

74

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!

Demand to declare Chitwan as tourism capital

CHITWAN: A formal demand has been made to declare Chitwan as the tourism capital of Nepal. Led by...

By 0 3

‘Committed to empowerment’: Congress promises Rs 2,500 monthly aid to ‘eligible’ women in Bihar if Mahagathbandhan comes to power

By 0 5

'They failed to stop Pahalgam': TMC's Kunal Ghosh targets BJP over 'provocative politics' on Murshidabad violence

By 0 5

Crisis in US higher ed? Penn State closure vote sparks national debate

By 0 15

'Everything that captain Shreyas Iyer has touched has turned into gold'

James Hopes credits Ricky Ponting's relaxed environment and Shreyas Iyer's tactical captaincy for...

By 0 16