Comments on: Reserve Bank of Australia Cuts Cash Rate to 4.25% From 5.25% http://currencythoughts.com/2008/12/02/reserve-bank-of-australia-cuts-cash-rate-to-425-from-525/ Sun, 14 Mar 2010 19:30:36 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Alfonso http://currencythoughts.com/2008/12/02/reserve-bank-of-australia-cuts-cash-rate-to-425-from-525/comment-page-1/#comment-97 Alfonso Tue, 02 Dec 2008 21:07:57 +0000 http://larrygreenberg.wordpress.com/2008/12/02/reserve-bank-of-australia-cuts-cash-rate-to-425-from-525/#comment-97 This week is turning out to be a major week for Central Banks around the World. BOJ holding an emergency meeting. RBA already cutting 100 basis points. RBNZ with a forecasted cut of 150 bps. ECB and BOE next in line. I agree that a 50 basis points will not be meet with enthusiasm by the market. Then again the ECB has always moved slowly and carefully with every rate decision. Great post This week is turning out to be a major week for Central Banks around the World. BOJ holding an emergency meeting. RBA already cutting 100 basis points. RBNZ with a forecasted cut of 150 bps. ECB and BOE next in line.

I agree that a 50 basis points will not be meet with enthusiasm by the market. Then again the ECB has always moved slowly and carefully with every rate decision.

Great post

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