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View Full Version : Australia May Cut Benchmark Rate to Lowest Since 1960 - Bloomberg



NewsWhore
03-02-2009, 11:10 PM
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Australia May Cut Benchmark Rate to Lowest Since 1960 (http://news.google.com/news/url?sa=T&ct=us/5-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601081%26sid%3DaDaUHtEXgG.U%26refer%3Daustralia&cid=1310330480&ei=QKCsSd2aFIfQwgH-hJHvAw&usg=AFQjCNGwSZ2QYCPeyzGJKobf5sA9DBnM_g)
Bloomberg
By Jacob Greber March 3 (Bloomberg) -- Australia’s central bank may cut its benchmark interest rate to the lowest level since 1960 as the nation’s economy stalls amid a deepening global recession. Governor Glenn Stevens will lower the overnight cash ...


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