Property Update: are low interest rates working?

I write for Property Update here on whether monetary policy is being effective.

Since I wrote this we've had weaker retail trade figures and a 4 year low in business confidence reported by the NAB survey - there's another interest rate cut in the pipeline.

In brighter news, US stocks are up for a fourth day in a row on earnings optimism, the Dow passing 15,300.

No comments:

Post a Comment