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June 2009 Interest Rates in Australia – Michael Marquette

The Reserve Bank of Australia has decided to keep interest rates on hold at 3% during their June 2009 meeting. I have doubts, however, that the Government’s stimulus package and consumer spending increases is creating a false sense of security.

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Interest Rates Kept on Hold by Reserve Bank

Brittany West:  The RBA chose not to cut interest rate cuts this week.  Rising unemployment levels, falling house prices and concerns that the Swine flu epidemic are all factors.

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Australian Interest Rates Cut to 50 Year Low

The Reserve Bank of Australia has cut its benchmark rate by 25 basis points/a quarter percentage point to 3%. Even though most economists expected no change, the rates have been cut to their lowest level since 1960.

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Michael Marquette’s “View from the Bridge”: Australian-Interest Rates And The Banks

The Reserve Bank of Australia has cut interest rates by a full 1% (100 basis points) to 3.25%. The question that needs to be asked is why this wasn’t done an entire month ago in January?

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Next To Nothing: US Interest Rates Close To Zero

The US Federal Reserve has set key interest rates to a record low zero to 0.25% in a desperate bid to stimulate the US economy which is looking increaingly sick Rates are likely to remain this low for quite some time, the Fed stated. The cut brings the federal funds rate to the lowest level […]

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Australian Interest Rates at Lowest Level in History

The Reserve Bank has slashed interest rates to the lowest level in history to 4.25%. The Reserve Bank cut rates by a full 100 basis points (1%), making property an attractive option for those in search of investment options given the volatility of the stock market. Australian interest rates have averaged over 8% for the […]

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Bank of England Cuts Interest Rates to Lowest Since 1955

The economic storm is penetrating every corner. The Bank of England’s Monetary-Policy Committee (MPC) has pulled of shock when most thought there are almost no surprises left: it has cut UK interest rates by 1.5% leaving them now at 3% – the lowest level since 1955. The boldness should be commended, although it clearly demonstrates […]

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Australian Interest Rates Slashed by 0.75%

The Reserve Bank of Australia (RBA) has cut its key interest rate for the third month in a row as it attempts to prevent Australia’s economy stalling. The central bank trimmed three-quarters of a percentage point – or 75 basis points – off its key cash rate, reducing it to 5.25%, the lowest level since […]

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The US Election, Property Pricing & Interest Rates

As part of our experience in the United States on this occasion both Simon and I found ourselves in the middle of a massive political rally in Philadelphia. With the Presidential Election only a few weeks away campaigning is in full swing throughout the country and some States have even started voting – although the […]

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BREAKING NEWS: Australian Interest Rates Cut By 1%

Pundits, experts, and economist’s alike all predicted that the Reserve Bank of Australia (RBA) would today cut interest rates, but by a whole percentage point (100 basis points) is quite dramatic. The cash rate now stands at 6%, down from 7%, with some predicting that rates may even fall to 5% in 2009. Worldwide stock […]

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