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Breaking: Major banks respond following RBA decision to cut interest rates (www.abc.net.au)

submitted 3 weeks ago by zero_gravitas@aussie.zone to c/ausfinance@aussie.zone

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[–] lnlyisol@mastodon.social 1 points 3 weeks ago* (last edited 3 weeks ago)

@zero_gravitas

I'd like to see a standard set of phrases around interest rate movements, for example reserve the word "slashed" for a reduction of >5%, "significant cut" for 3% - 5%, "cut" = 3% - 1%, and "tweak" for adjustments < 1%.

I bet journalists would prefer "massively decimated" for rate reductions of 0.0001 %

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