Reserve Bank Cuts Interest Rates | BRISTLEMOUTH

Posted by:Intelligent01 1300 days ago • Discuss • http://blog.intelligentinvestor.com.au

Today’s 100 basis point (1 percentage point) cut in the official interest rate is the economic equivalent of a severe jolt from a defibrillator. And the result has been a dramatic convulsion throughout Australian financial markets.

reserve bank       rba       interest rates       credit crisis       australian economy