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swimfeeders
Chatterbox
swimfeeders is offline
Shropshire
Joined: Oct 2014
Posts: 24,056
swimfeeders is male  swimfeeders has posted at least 25 times and has been a member for 3 months or more 
 
17-12-2020, 01:27 PM
1

Interest Rates kept at 0.1%

Hi

No change, better than negative Interest Rates.

The Government will not be looking to increase them as it is borrowing so much.

The international Money Markets will ultimately set our Interest Rates.
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Bruce
Chatterbox
Bruce is offline
Wollongong, Australia
Joined: Apr 2012
Posts: 15,218
Bruce is male  Bruce has posted at least 25 times and has been a member for 3 months or more 
 
18-12-2020, 01:00 AM
2

Re: Interest Rates kept at 0.1%

That's the same rate as ours (since November) yet despite this the Aus$ is uncomfortably high at US76c having bounced from US70c when interest rates were reduced to this historic low.

 

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