All Topics / General Property / Interest Rate rise today

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  • Profile photo of canneramcanneram
    Participant
    @canneram
    Join Date: 2003
    Post Count: 7
    March 2, 2005 - 12:55 am

    http://www.rba.gov.au/MediaReleases/2005/mr_05_04.html

    Interest rates have risen to 5.5% today!

    Profile photo of bruhambruham
    Participant
    @bruham
    Join Date: 2003
    Post Count: 189
    March 2, 2005 - 5:18 am

    canneram,
    Interest rates jumped by 0.25%.
    All the “experts” claim that this rate rise is totally unnecessary.
    The economy is slowing faster than everyone thinks.
    So here’s hoping that RBA doesn’t go over board and kill the economy.
    Then again, who cares what anyone does, as long as I’m alright!!!
    (I’t the JACK system).

    bruham.

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