Australia Cuts Rates to Record-Low 0.75% as Global Risks Mount
A pedestrian walks past the Reserve Bank of Australia (RBA) headquarters in the central business district of Sydney, Australia. (Photographer: David Gray/Bloomberg)

Australia Cuts Rates to Record-Low 0.75% as Global Risks Mount

(Bloomberg) -- Australia’s central bank was dragged further into the global easing tide as it cut interest rates for the third time this year, even as it risks refueling excesses that Governor Phil...
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