CAPITAL MARKETS

Market slips as RBA cuts rates again

The benchmark S&P/ASX 200 dropped after the Reserve Bank of Australia cut interest rates to a rec...

Ngaire McDiarmid
Market slips as RBA cuts rates again

The bank lowered the cash rate by 25 basis points to 1.5%. The Australian economy had grown faster than the central bank predicted, however, core inflation and wage growth were at record lows and the...

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