Australia Monetary Policy

Australia

Australia: RBA cuts rates for second consecutive meeting

June 6, 2012

At its 6 June meeting, the Reserve Bank of Australia (RBA) cut the cash rate by 0.25 percentage points to 3.50%, in a decision that was largely expected by market analysts. The decision marks the second consecutive interest rate and represents a continuation of the easing cycle started by monetary authorities in November last year. According to the RBA, the Europe remains


Author:, Head of Data Solutions

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Australia Monetary Policy May 2012

Note: RBA Cash Rate in %.
Source: Reserve Bank of Australia (RBA).


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