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RBA cuts interest rates to 3.85%, considers further drops amid global economic uncertainties.
The Reserve Bank of Australia (RBA) cut interest rates by 25 basis points to 3.85% in May, considering a larger cut due to global market uncertainties, particularly from US tariffs.
The RBA hinted at further rate cuts if global uncertainty increases, with a focus on impacts on trade flows, inflation, and economic growth.
The bank will continue to monitor these factors and adjust its monetary policy as needed.
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RBA reduce las tasas de interés al 3.85%, considera nuevas caídas en medio de las incertidumbres económicas mundiales.