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Australia's central bank has cut its cash rate a quarter point to an all-time low of 1.75 percent. Policymakers hope to head off deflationary forces in Australia with Tuesday's action after a low inflation reading in the first quarter.
澳大利亚央行决定将利息降低25个基点至历史新低1.75%。数据显示，澳洲第一季通胀率放缓，决策者希望通过周二采取的这项措施可以扭转该通缩局面。
The Reserve Bank of Australia says the move follows lower-than-expected inflation pressures. Subdued growth in labour costs and low cost pressures globally point to a lower outlook for inflation than previously forecast. The RBA expects prospects for sustainable growth in the economy to improve as inflation returns to its target over time.
澳大利亚储备银行（澳联储央行）称该决定是鉴于远低于预期的通胀率做出的。劳动力成本疲弱的增幅、以及世界其他地方的低成本压力，预示着未来的通胀水平要低于预期。澳联储央行认为澳洲经济持续增长的前景能够将通货膨胀率带回预期目标。
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