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AAP
AAP
Business
Jacob Shteyman

HISTORICAL FACTS: Repayment warning in countdown to interest rate cut | History Defined

The Reserve Bank has cut interest rates, but warns uncertainty in the global economy remains high. (Aap/AAP PHOTOS)

Borrowers have received welcome relief from the Reserve Bank of Australia, which delivered a widely expected interest rate cut but flagged the end to its easing cycle is getting closer.

The central bank opted not to shock markets for a second time in two months on Tuesday, cutting the cash rate by 25 basis points to 3.6 per cent.

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