Reserve Bank of Australia cuts cash rate to just 0.50% to ‘support the economy as it responds to the global coronavirus outbreak’

The Reserve Bank of Australia (RBA) has cut its cash rate by 25 basis points to 0.50% to “support the economy as it responds to the global coronavirus outbreak.”
Off the back of this news, ASB chief economist Nick Tuffley says he now expects the Reserve Bank… [+4789 chars]Source