Rate cut calls grow as Australian economy falters
The data showed the economy expanded by just 0.3 percent in the third-quarter, far below consensus estimates of 0.7 percent, to take the annual growth rate to a below-trend 2.7 percent.
Dec 07, 2014, 10:15 AM IST
Australian central bank keeps rates on hold at 2.5%
Australia`s central bank kept interest rates on hold at a record low 2.5 percent Tuesday, as a resilient currency and softening commodity prices hobbled the economy`s shift away from mining.
Jul 01, 2014, 11:03 AM IST
