04 Feb 2015

The RBA drops to 2.25%

The RBA drops to 2.25%
Although a number of overseas commentators have suggested further rate cuts would fuel an already overheated Australian property sector, the RBA’s concerns over record high levels of household debt have seemingly forced their hand, as the banking regulator drops the official cash rate to an unprecedented 2.25% at today’s meeting.

 

The above information has been sourced from Trilo3y Enews December Issue "




Latest newsSue's stancePeter's posturing