RBA Mulls Rate Cuts as World Prepares for Liberation Day 2.0
- The Reserve Bank is preparing for the fastest cut in interest rates since the early days of the COVID-19 pandemic, aiming to protect the economy and encourage spending.
- Financial markets expect RBA governor Michele Bullock to announce another interest rate cut on Tuesday, marking back-to-back cuts since March 2020.
- Alex Robson, Productivity Commission deputy chair, warned that U.S. trade policy risks could lead to serious consequences for Australia and the world.
- U.S. President Donald Trump will confirm on July 9 the nations experiencing reduced tariff levels, with all importers facing a 10 percent hit.
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+3 Reposted by 3 other sources
RBA mulls rate cuts as world prepares for Liberation Day 2.0
The Reserve Bank is expected to follow up its May rate cut with another on Tuesday – just in time for US President Donald Trump to release his newest tariff plan.
·Sydney, Australia
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+5 Reposted by 5 other sources
RBA tipped to cut rates, but only one in ten are reducing repayments
How much time can you knock off your home loan
·Canberra, Australia
Read Full ArticleThe AUD/USD decreases while the market prepares for a reduction of types by RBA in the midst of growing commercial tensions - World Stock Market
The Australian dollar extends losses for the third consecutive day, pressured by betting bets of interest rates and risk aversion flows. The AUD/USD falls below 0.6550, around the level of 0.6500 during negotiation hours in America. It is widely expected that the RBA cut the official cash rate at 25 basic points on Tuesday, marking its third rate reduction in 2025. The Australian dollar (AUD) weakens even more against the US dollar (USD) on Mond…
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Total News Sources14
Leaning Left5Leaning Right2Center1Last UpdatedBias Distribution63% Left
Bias Distribution
- 63% of the sources lean Left
63% Left
L 63%
13%
R 25%
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