The RBA Cut Rates to 0.75%

#RBA #CashRate #Australia #HeiseSays

The Reserve Bank of Australia has cut the cash rate to a record low of 0.75%. Will the confidence hit to the market outweigh any benefit?

References

Statement by Philip Lowe, Governor: Monetary Policy Decision

https://www.rba.gov.au/media-releases/2019/mr-19-27.html