AUD Slumps After RBA’s Dovish Rate Cut, Slightly Recovers on Bullock Comments

RBA cut its rates by 25bps as expected, but the central bank struck a notably more dovish tone than expected, triggering a sharp selloff in the Australian dollar.

May 21, 2025 - 03:00
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AUD Slumps After RBA’s Dovish Rate Cut, Slightly Recovers on Bullock Comments

RBA cut its rates by 25bps as expected, but the central bank struck a notably more dovish tone than expected, triggering a sharp selloff in the Australian dollar.