Afternoons with Michael McLarenAfternoons with Michael McLaren

BREAKING - Reserve Bank cuts interest rates to 3.85%

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The Reserve Bank has delivered its second interest rate cut of the year, lowering the cash rate by 0.25 percentage points to 3.85%. The move brings some relief to home loan borrowers struggling with rising living costs and signals a potential easing of monetary policy amid slowing inflation.

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Afternoons with Michael McLaren

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