Posted on December 4, 2012 · Posted in Finance Blog

Yesterday the RBA cut rates by a further 0.25% to 3.0% which is as low as rates got uk sells motilium to during the immediate aftermath of the GFC. With rates now very low and considered to be in stimulating territory, it is expected that this will be the bottom or close to the bottom of the rate cutting cycle.

The RBA’s concerns regarding inflation have alleviated and allowed yesterday’s rate cut to help stimulate the “non-mining” sector on the back of what appears to be slowing pharmacy online growth in the mining sector.

Key concerns for economic growth still circle around the European sovereign debt crisis. The US economy has returned to growth and China’s economic growth has “stabilised”.

About the Author

Greg Samuel has worked in the finance industry for over 13 years. He has worked in Corporate, Commercial and Rural Banking and now uses his skills to help his clients as a finance consultant and broker.