Reserve Bank cuts interest rates to historic low of 1.25pc

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The Reserve Bank has cut interest rates by 25 basis points to a new record low of 1.25 per cent in what is the first movement in cash rates since August 2016. The announcement comes as no surprise, with the majority of experts and economists expecting the Reserve Bank would make its first move in.

The Reserve Bank of Australia will be under more pressure on interest rates following the. Hunter said the RBA would still be reluctant to cut the cash rate as early as next month from its historic.

Federal Reserve Chairman. has helped keep nominal interest rates near historic lows even after almost 10 years of economic expansion. Low rates will make it hard for the Fed to fight a recession.

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The south african reserve Bank is the central bank of the Republic of South Africa. The primary purpose of the Bank is to achieve and maintain price stability in the interest of balanced and sustainable economic growth in South Africa. Together with other institutions, it also plays a pivotal role in ensuring financial stability.

The Reserve Bank cuts the official interest rate to a fresh low of just 1.5 per cent, with one economist saying the board would have been dragged kicking and screaming into the decision. The major.

 · This will be no ordinary interest rate cut. The Federal Reserve is planning to cut rates at its policy meeting at the end of the month even though the United States economy, by most available.

 · The Reserve Bank of Australia has cut interest rates to a historic low, moving its cash rate from 1.75 per cent to 1.5 per cent. If fully passed on, the cut will bring the standard variable.

The Reserve Bank has cut interest rates by 25 basis points to a new record low of 1.25 per cent in what is the first movement in cash rates since August 2016. The announcement comes as no surprise, with the majority of experts and economists expecting the Reserve Bank would make its first move in.

6mins 28secs Reserve Bank cuts interest rates to historic low of 1.25pc 4mins 39secs Police raid journalist’s home over alleged national security leak 4mins 9secs Hackers access personal details.