That darn Reserve Bank of Australia (RBA) really threw a cat among the pigeons last night, by not only cutting their interest rate, which was expected, but by cutting it by 50 basis points (one-half a percent)! While I had heard calls for such a deep cut, I really didn’t think the RBA would be [...] RBA Cuts Deep originally appeared in the Daily Reckoning . The Daily Reckoning, published by Agora Financial provides over 400,000 global readers economic news, market analysis, and contrarian investment ideas. Recently Agora Financial released a video titled " What Causes Gas Price to Increase? ".