Australia Lowers Key Interest Rate To 3 Percent

SYDNEY (AP) -- Australia's central bank cut its benchmark interest rate by a quarter percentage point Tuesday, taking it to its lowest level since the global financial crisis, as slower growth in China, uncertainty over the U.S. outlook and stubbornly weak conditions in Europe undermine the Australian economy....

Topics:  sydney ap     australia   china   u.s    europe   australian   percent   interest rate   

 

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