The RBA has slashed 25 basis points from the official cash rate in an attempt to stem economic damage from coronavirus.
cash rate
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The RBA held the cash rate at the historic low of 0.75% today, as Australians lose confidence in their household finances and the nation's economic outlook.
In recent months we have heard noise about a possible recession across global economies, so should we still be concerned?
The RBA held interest rates at its September meeting today, and the resurgence in Sydney and Melbourne housing values was likely a key topic of conversation.
