Australia central bank cuts rates to 2.5 percent

SYDNEY (Reuters) - Australia's central bank on Tuesday cut its main cash rate a quarter point to a record low of 2.5 percent, a widely expected move given a cloudy global outlook, a tepid domestic economy and tame inflation.

The Reserve Bank of Australia (RBA) made the announcement following its monthly policy meeting. Analysts in a Reuters poll had been unanimous in expecting a rate cut this week.

(Reporting by Wayne Cole; Editing by Lincoln Feast)