RBA’s Stevens Cuts Benchmark Rate to 3%

The following is a reformatted version of a statement published today on the Reserve Bank of Australia’s website, after Governor Glenn Stevens and his board lowered the overnight cash-rate target by a quarter percentage point to 3 percent.
Are Rio Waters Too Filthy for Olympians?
25:13 - Bloomberg’s Mark Crumpton and Betty Liu examine the water quality in Rio de Janeiro, Brazil for the 2016 Summer Olympics on “Bloomberg Markets.” (Source: Bloomberg)
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