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Web Desk Karachi
May 20, 2025

Australia’s central bank cuts rates, open to more easing as global risks mount

Wrapping up a two-day policy meeting, the Reserve Bank of Australia cut the cash rate by 25 basis points to 3.85 percent, saying that upside risks to inflation had diminished as the international developments are set to weigh on the economy.

Australia’s central bank cuts rates, open to more easing as global risks mount

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