Interest rates cut!

May 03, 2016
Steve Hodgkinson

The Reserve Board at it's monthly board meeting today cut interest rates by 25 basis points to 1.75%.

The cut was largely in line with expectations of economists and comes only hours before the Federal Government hands down the May Mini Budget.

The question now becomes, how much of the interet rate will be passed along to consumers?

 

Posted in: Interest rates

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