Tuesday, July 15, 2008

Interest Rates: Where to Next?

Depending on who you speak to, the coming months will either see a slow-down in the economy or a rise in interest rates.
While there is agreement among economists that Australia is no longer immune from the US financial crisis, the extent of this immunity is the cause of much debate! The financial turmoil that began in the US late last year with the subprime mortgage crisis is still being felt in the global financial markets. Australia has experienced knock-on effects through sharemarket instability and rising inflation in the economies of our major trading partners...

1 comments:

The Wine Guy said...

You still need wine to celebrate with a loved one!