Seeking Alpha

Easier monetary policy comes to Australia, where the RBA - as most anticipated - cuts its...

Easier monetary policy comes to Australia, where the RBA - as most anticipated - cuts its benchmark rate 25 basis points to 4.5%. Governor Glenn Stevens gives expected nods to the slowdown in China and falling inflation in Oz, but saves particular emphasis for "trade performance ... see(ing) some effects of a significant slowing in economic activity in Europe." The aussie slips a bit to $1.0490. Shares -1.9%.
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)