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View Full Version : Australia Nearing End of Record Interest-Rate Cuts, Swaps Show - Bloomberg



NewsWhore
02-23-2009, 07:50 PM
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Australia Nearing End of Record Interest-Rate Cuts, Swaps Show (http://news.google.com/news/url?sa=T&ct=us/0-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601087%26sid%3Da8gX5f4heanA%26refer%3Dhome&cid=0&ei=xESjSZBFjfrAAcXD4JcH&usg=AFQjCNF1PeysE_uBkMCBTuy7UHx4t0MXiQ)
Bloomberg
Australia will spend the equivalent of three percent of gross domestic product in the 12 months to December, said Richard Grace, chief currency strategist in Sydney at Commonwealth Bank of Australia, the nation’s second-biggest bank. ...


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