SYR 1.02% 49.5¢ syrah resources limited

Ok rate cut here as widely predicted cash rate down to 1.25%....

  1. dua
    60 Posts.
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    Ok rate cut here as widely predicted cash rate down to 1.25%. Please remember that the RBA has decided to cut because the health of our economy (measured by real gdp) is below par and inflation remains weak. What Im saying is a rate cut is not necessarily a good thing. Lower interest rates doesn't necessarily translate into increased spending from consumers or firms to increase aggregate demand and therefore GDP.
 
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