the next rate cut might need to be 1.5% or even 2%...after those very dissapointing figures for Nov came out,,,,,
if they were bad....how bad do you think the Dec figure will be...
and the BOE cut rates to 1.5% the lowest in 314 years....
that is what the RBA should be doing....what a joke our base rate is 4.25% a massive 3% higher than both t he UK and US
http://www.theaustralian.news.com.au/business/story/0,28124,24887755-5018001,00.html
http://www.theaustralian.news.com.au/business/story/0,28124,24890627-5018001,00.html
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- Property
- this will make the rba sit up and take notice
the next rate cut might need to be 1.5% or even 2%...after those...
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