Monday, August 5, 2013

Reuters: Money News: Australia central bank cuts rates to 2.5 pct

Reuters: Money News
Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. 
Australia central bank cuts rates to 2.5 pct
Aug 6th 2013, 05:29

SYDNEY (Reuters) - Australia's central bank on Tuesday cut its main cash rate a quarter point to a record low of 2.5 percent, a widely expected move given a cloudy global outlook, a tepid domestic economy and tame inflation.

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