You are here

RBS says fresh rate cut may be needed to buoy economy

Sydney

AUSTRALIA'S central bank said that another interest rate cut could be needed to support an economy that is expanding at a below-average pace, while noting emerging risks in the nation's commercial property market.

"On the basis of the current forecasts for growth and...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes