rate cut on its way soon, page-34

  1. Menta
    10,759 Posts.
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    11/04/11
    22:09
    Post #: 8250048
    Contrary to conventional wisdon, central bankers don't lead the interest rate market, they merely follow the market. So we should expect the RBA to start cutting rates during 2011 and beyond as they follow the market (ie. bond yields and house prices) down over coming years.
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