RBA Rate Cuts: Three So Far This Year

The Reserve Bank of Australia has cut rates for the third time this year. By lowering the cash rate to 3.60% today, the RBA is showing it's ready to act more quickly to help the economy as prices slow and growth weakens.

Reserve Bank of Australia building

Consensus: Further Cuts Likely

While the pace and scale of cuts differ, the consensus is that today's cut is unlikely to be the last in this cycle.