25bps cut, page-30

  1. 4,263 Posts.
    lightbulb Created with Sketch. 11
    yeah true the rate cut passed on by the majors will be late in dec.

    NO CUT LAST MTH SO SEE BIG4 PLAYING SANTA WITH A 10-15BP CUT.

    be very surprised if they all passs it on in full given what we all know may happen next year

    so i think THEY will act like their retail clients stash as much moolah away as possible to avoid deep discounted offers when doing a CR if there's a credit crunch or global mkts meltdown.

    that should mean we can all afford the wrapping paper now.

    Lol :-)

    A2.
 
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