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Tweet The Reserve Bank of Australia board has cut the official interest rate by 25 basis points to 4.25 per cent, giving mortgage holders and borrowers a pre-Christmas reprieve. The RBA announced the rate cut at 2.30pm AEDT today following the board’s final meeting for the year. It’s the second interest rate cut in as [&hellip
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Tweet Don’t for a second believe that the Reserve Bank automatically will keep interest rates on hold next Tuesday. Trigger-happy screen jockeys yesterday may have raced to their terminals to sell the dollar and push money markets around after the release of lower-than-expected inflation figures. Unfortunately, they overlooked one crucial element. Those figures released by [&hellip