Australia's central bank cuts rates to new low

Source: Xinhua 2016-08-02 17:14:37

Photo taken on Aug. 2, 2016 shows stock board outside a building at Martin Place in Sydney, Australia.

Photo taken on Aug. 2, 2016 shows stock board outside a building at Martin Place in Sydney, Australia. Australia's central bank has cut the official cash rate to a new record low 1.5 percent on Tuesday as inflation "remains quite low" despite the local economy continuing to make the necessary adjustments. (Xinhua/Zhu Hongye)

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Australia's central bank cuts rates to new low

Source: Xinhua | 2016-08-02 17:14:37 | Editor: xuxin

Photo taken on Aug. 2, 2016 shows stock board outside a building at Martin Place in Sydney, Australia.

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