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Australia's First Rate Cut In 4 Years: An Analysis

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The Reserve Bank of Australia cut benchmark interest rates for the first time since November 2020, lowering the cash rate by 25 basis points to 4.1% as softening inflation allows room for easing policy. Sophia Angala, an economist, ANZ Research, shares her perspective on the decision and what can be expected in an uncertain 2025 for the global economy.

Image Credit: Shutterstock.com

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