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benchmark interest ratesCNBC
•Business
Business & Economics
89% Informative
The RBA cut rates by 25 basis points to 4.10% on Tuesday .
It is the first easing since November 2020 , when the central bank cut its key rate to a record low.
The central bank had held its policy rate steady at 4.35% since November 2023 .
The Tuesday decision was in line with market expectations.
VR Score
96
Informative language
98
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63
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formal
Language
English
Language complexity
38
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Attention-grabbing headline
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Time-value
short-lived
External references
3
Source diversity
2
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