The Reserve Bank has cut official interest rates to a record low of one-and-a-half per cent. The bank decided to cut the cash rate in a reflection of concerns about inflation and economic growth. But not all banks are likely to pass on the full cut.
The Reserve Bank has cut official interest rates to a record low of one-and-a-half per cent. The bank decided to cut the cash rate in a reflection of concerns about inflation and economic growth. But not all banks are likely to pass on the full cut.
