http://www.bloomberg.com/apps/news?pid=20601087&sid=abkAlv8fHnLQ&refer=home
Australia's central bank raised its benchmark interest rate by a quarter point to an 11-year high, saying a ``significant slowing in demand'' is needed to cool the fastest inflation since 1991.
The rest of world is needing to raise interest rates while we just cut our interest rate the most in a week in over 30 years. That is really really scary.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment