International Economic

Australia cuts interest rates to two-year low, warns on US tariff hit

By Frank Prenesti

Date: Tuesday 20 May 2025

(Sharecast News) - Australia's central bank on Tuesday cut its benchmark interest rate to a two-year low, citing the uncertainty caused by US tariffs and cooling domestic inflation.
The Reserve Bank of Australia cut the main cash rate by 25 basis points to 3.85% and remained cautious on further easing...

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