I know, perhaps a silly question, but I am really not sure why interest rates are dropping.
Comsec reported that our economy is doing very well and US/Europe figures improving.
However a Aus$ too high and this in part is why IR need to drop?
Be interested on views regarding this, and how low could/will it go?? IR have never been this low since 1959, not complaining as I am getting a pay rise with each drop
MTR
Comsec reported that our economy is doing very well and US/Europe figures improving.
However a Aus$ too high and this in part is why IR need to drop?
Be interested on views regarding this, and how low could/will it go?? IR have never been this low since 1959, not complaining as I am getting a pay rise with each drop
MTR