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November 14, 2024, 09:35:58 AM
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that's impressive...

 
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twoiron
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that's impressive...
« on: October 07, 2008, 01:24:08 PM »

Yesterday the Reserve Bank here cut the official cash rate by 1% from 7% to 6%   Shocked
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Spanky
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Re: that's impressive...
« Reply #1 on: October 07, 2008, 02:10:31 PM »

US didn't do that and the market dropped another 500 today.

I'm gonna start picking me some apples and sell them on the street corner soon.

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twoiron
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Re: that's impressive...
« Reply #2 on: October 07, 2008, 02:24:27 PM »

Just doing some further reading.  Seems many other countries are looking to do the same thing and cut cash rates
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