Business
Australia’s Central Bank Holds Key Rate at 12-Year High as Expected
Australia’s central bank kept its key interest at a 12-year high of 4.35% as forecast by all but one economist surveyed by Bloomberg. Haslinda Amin and Paul Dobson report on Bloomberg Television.
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@docjoei2224
December 16, 2023 at 4:18 pm
and talks down the dollar so that they can import some more inflation to complement the immigration fueled inflation 😢
@federalreservewolflegend3523
December 16, 2023 at 4:18 pm
In the 80's; Bankers who charged these rates were considered "loan sharks" and were tried criminally.
Then they went to jail.
Its a CON past 5%
@sunseeker7099
December 16, 2023 at 4:18 pm
Boom times ahead for the Australian property market 😂