Economy / Australia
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RBA's Sharp Rate Cut: Main Implications
October 2008 | Economic AnalysisSorry, you must be a subscriber to view this article in full. If you are a subscriber please login.
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The Reserve Bank of Australia (RBA)'s decision on October 7 to cut its Cash Rate by 100bps - the steepest reduction since the 1992 recession - to 6.00% came as a surprise, but may be a harbinger of things to come from several central banks.