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flag The Reserve Bank of Australia cuts interest rates to 3.85% to boost economy and borrowing.

flag The Reserve Bank of Australia (RBA) has lowered its cash rate target to 3.85%, aiming to support the economy amid uncertainties. flag This rate cut, following previous increases to control inflation, could reduce borrowing costs and potentially stimulate consumption and investment. flag The RBA will continue to monitor inflation and financial stability to balance its monetary policy.

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