Aus­tralia likely to cut in­ter­est rates

China Daily (Canada) - - BUSINESS -

The Re­serve Bank of Aus­tralia is likely to cut rates with grit­ted teeth at the Au­gust pol­icy meet­ing af­ter the coun­try con­tin­ued to record sub­dued in­fla­tion. Aus­tralia’s head­line in­fla­tion rose 0.4 per­cent over

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