RBA cuts interest rates to record 0.75pc
Matthew CranstonUnited States correspondent
The Reserve Bank of Australia (RBA) has cut the official interest rate by a quarter-percentage point to a record low 0.75 per cent.
The cut, which the big four bank economists predicted, leaves the central bank just one additional 25 basis points cut away from where it has previously indicated it could start quantitative easing.
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Matthew Cranston is the United States correspondent, based in Washington. He was previously the Economics correspondent and Property editor. Connect with Matthew on Twitter. Email Matthew at mcranston@afr.com
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