In a bold move this month the Reserve Bank of Australia (RBA) slashed interest rates by 50 basis points – to 3.75 per cent. This is the biggest cut since near the start of the GFC in February 2009, and has taken some economists … more »
Posts Tagged ‘Interest Rates’
Market expectations were subverted this week with the Reserve Bank of Australia (RBA) announcement that cash rates would remain at 4.25 per cent. After popular predictions that interest rates would be slashed after last year’s cuts, this latest move from the RBA comes amid signs of … more »