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Bank of England Shocks Everyone With Rate Cut

Discussion in 'The Economy' started by Chris C, 7th Nov, 2008.

  1. Chris C

    Chris C Well-Known Member

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    Location:
    Brisbane, QLD
  2. Billv

    Billv Getting there

    Joined:
    15th Jul, 2007
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    Location:
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    Chris

    I think it's a good move and the more overseas interest rates fall
    the more room our RBA has to lower our rates.

    It's certainly fear what stops people and companies from spending
    and having lower mortgage costs helps everyone.

    cheers