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Interest rate cut needed, Reserve Bank says (North Queensla

 
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Shemaiah
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Joined: 25 May 2006
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PostPosted: Tue Aug 19, 2008 10:08 pm    Post subject: Interest rate cut needed, Reserve Bank says (North Queensla Reply with quote

Borrowers take heart: the Reserve Bank of Australia feels your pain. The central bank, acknowledging a slump in borrowing, lower consumer confidence, and weaker growth prospects, says an early rate reduction may be needed.

[url=http://us.rd.yahoo.com/dailynews/rss/search/mortgage+interest+rate/SIG=14ccinj4b/*http%3A//nqr.farmonline.com.au/news/nationalrural/agribusiness-and-general/finance/interest-rate-cut-needed-reserve-bank-says/1248403.aspx]Read more...[/url]
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