To Stop a Tottering Economy Falling in a Hole, Australia Cuts Rates Again

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To Stop a Tottering Economy Falling in a Hole, Australia Cuts Rates Again
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Australia’s economy has slowed sharply since mid-2018, and its central bank highlights the U.S.-China disputes that threaten to crimp global exports

The central bank on Tuesday lowered its official cash rate to a record low 1.00%, down from 1.25%, adding to a cut in June, with the policy makers highlighting the U.S.-China trade dispute that threatens to crimp global exports.

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