Australia Cuts Interest Rates for the First Time in Over Four Years Amid Global Economic Uncertainty
February 18 – Australia’s central bank has slashed interest rates for the first time in more than four years, signaling a cautious approach to economic stability while warning that global uncertainty could hinder further cuts. The Reserve Bank of Australia (RBA) lowered its cash rate by 0.25 percentage points to 4.10%, marking the first reduction […]
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