rba lowers cash rate by 25 basis points

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    Media Release
    Number 2013-10
    Date 7 May 2013
    Embargo For Immediate Release

    Statement by Glenn Stevens, Governor: Monetary Policy Decision
    At its meeting today, the Board decided to lower the cash rate by 25 basis points to 2.75 per cent, effective 8 May 2013.

    http://www.rba.gov.au/media-releases/2013/mr-13-10.html
 
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