RBA Cuts Benchmark Rate to Record-Low 2.75%

May 7 (Bloomberg) -- The Reserve Bank of Australia cut its benchmark interest rate to a record as a high currency weakens manufacturing and drives up unemployment. Paul Allen reports on Bloomberg Television's "Countdown." (Source: Bloomberg)

Deep Dive: Odds of Rate Hike, Copper Prices, CDS Spreads
29:32 - On today's "Deep Dive," Bloomberg's Joe Weisenthal, Scarlet Fu and Amanda Lang take a look at the odds of a Fed rate hike, copper prices and CDS spreads. They speak on "What'd You Miss?" (Source: Bloomberg)
  • Bill Gross Reacts to Fed Rate Decision, Policy Statement
  • Why a Fed Rate Hike in September May Be Back on the Table
  • Options Insight: Is Pfizer the Right Prescription?