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Interest Rate Announcement July 2012

July 3, 2012 in Insider Tips, Latest News by admin  |  Comments Off on Interest Rate Announcement July 2012

RBA announcement … NO CHANGE TO INTEREST RATES

The Reserve Bank of Australia’s announcement at 2.30pm today that the Official Cash Rate would remain at 3.50% confirmed the predictions of the vast majority of Australia’s leading Economists.

Further Interest Rate cuts are anticipated prior to the end of 2012 however the RBA is undertaking a “Sit Back & See” strategy for July.

 

Posted in Insider Tips, Latest News.