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 the exterior of Australia's central bank 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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