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    Is 25 basis points enough to cool the market?

    Reply: 1.1.1.1 From: Nigel W On 5/8/02 4:14:00 PM, Sim' Hampel wrote: >On 5/8/02 2:47:00 PM, Nigel W wrote: >> >I'm interested in why you think this way >Nigel ? What makes you think it will >take that much of an increase to slow >things ? > > Sim, it's a combo of my gut feel and some back...
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    Is 25 basis points enough to cool the market?

    Reply: 3.2.1 From: Nigel W Sim, Sim, Sim You expect way too much rationality from the herd! :-)
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    Is 25 basis points enough to cool the market?

    Reply: 1.1 From: Nigel W On 5/8/02 1:03:00 PM, Sim' Hampel wrote: >What inferno ? The rate rise was >designed to increase the cost of finance >in order to keep the economy from >overheating... not specifically the >property market. More of a "slight touch >on the brakes" to keep things under...
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    Is 25 basis points enough to cool the market?

    From: Nigel W The RBA raised the cash rate today by .25% to 4.5%. Is this akin to trying to put out a raging inferno with a garden hose? Is the market just too hot & crazy for this small rate rise to make any difference? Will the rate drop in fact have the opposite effect to that...
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