The Reserve Bank of Australia (RBA) was among the first rich-world central banks to start raising interest rates after virtually all countries had slashed them during the crisis.
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在澳大利亚,央行降息75个基点,至5.25%(最近五年以来的最低水平),高于市场预期的50个基点。
In Australia, the RBA cut rates by 75bp to 5.25% (lowest level in 5-years), which was greater than the 50bp the market expected.
S equities decline last night and the RBA minutes – which commented on the RBA's drastic run of rate cuts in the past weeks, cutting by two percentage points to 5.25% amidst recession fears.