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Reserve Bank cuts interest rates to historic low of 1.25 per cent

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Former Reserve Bank. and interest rate cut, as he warned that cheap borrowing costs distort housing and stockmarkets. RBA governor Philip Lowe said on Tuesday night he doesn’t expect the cash rate.

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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. Related story: Property market turns a corner as historic rate.

RBA Reserve Bank of Australia interest rate cut record low The RBA board has decided to lower the cash rate by 25 basis points to 1.25%, after.

Reserve Bank cuts rates to historic low.. The Reserve Bank (RBA) has cut interest rates to an historic low 1.25 per cent on Tuesday.

The Reserve Bank of Australia has cut the cash rate to a new record low of 1.25 per cent in a widely anticipated attempt to stimulate the economy. The central bank’s first move in any direction since.

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The Reserve Bank of Australia has just announced it will cut interest rates by 25 basis points, to a record low of 1.25 per cent, meaning those with variable home loans could feel some relief. That is, if the banks choose to pass it on. Update: ING will pass on the full rate cut, effective 25 June.

New Zealand's central bank cut interest rates to a record low. we think the bank will cut rates to 1.25 percent in November," Capital Economics.

The Reserve. cuts by the end of the year. But a growing number economists now expect the cash rate, which guides lending and deposit rates, could fall to a historic low of 0.5 per cent by next June.

It’s been almost three years since the Reserve Bank made a move on interest rates. But on Tuesday the RBA officially cut the rate to a record low of 1.25 per cent. For those of you who have signed on.

The Reserve Bank of Australia cut rates by 25 basis points to a historic low of 1.25 per cent as the pace of growth slowed to levels not seen since the global financial crisis. Australia dodged much of the global economic tumult of the past two decades as Beijing lapped up its vast iron ore, coal and other mineral deposits.