RBA holds cash rate at record low 0.75%
By Loren Webb · 6 November 2019 · News
By Loren Webb · 6 November 2019 · News
The Reserve Bank of Australia has made a crucial decision on interest rates. Will it be enough to boost the economy, or are more cuts on the horizon?
The Reserve Bank of Australia has held the cash rate at a record low 0.75 per cent, while keeping the door open for future cuts if the low cost of borrowing and tax cuts fail to stimulate the economy. Having delivered a third 0.25 percentage point cut in five months at its October meeting, the […]