Australia's Central Bank Cuts Interest Rate for Third Time This Year to 3.6%

Reserve Bank of Australia cuts cash rate, hints at more to come

The Reserve Bank of Australia has cut its cash rate target by 25 basis points to 3.60%, in line with market expectations. The bank said inflation had fallen...

Australia's central bank cuts interest rate for third time this year to 3.6%

MELBOURNE, Australia (AP) — Australia’s central bank on Tuesday reduced its benchmark interest rate by a quarter percentage point for a third time this year to 3.6%, with inflation tamed and economic growth stalling.

Australia's central bank cuts interest rate for third time this year to 3.6%

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Australia's central bank cuts interest rate for third time this year to 3.6%

Australia’s central bank has reduced its benchmark interest rate by a quarter percentage point for a third time this year to 3.6%, with inflation tamed and economic growth stalling

RBA cuts rates to 3.6 per cent

The Reserve Bank has cut interest rates to 3.6 per cent after a surprise hold in July, offering relief to borrowers.

Australia cuts interest rates to more than 2-year lows, downgrades GDP forecast on trade uncertainty

The country's benchmark rates are now at to 3.6%, their lowest since April 2023