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.
We Don’t Expect China Hard Landing: RBC’s Bensafi
57:36 - March 2 -- RBC Global Asset Management’s Laurence Bensafi discusses the markets and her investment ideas. Greycroft Partners’ Bo Peabody also speaks on “In The Loop.”
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