Saturday, 2 May 2015

Reserve Bank Control the economy in Australia?

Through the control of the Reserve Bank this is suppose to regulate the banking industry yet allegedly Australia is the black market capital of the world.  We have to pull apart the banking institutions to find the corruption or the Police search a brothel in Kings Cross?

The Reserve Bank is expected to make only one more interest rate cut in the foreseeable future and economists say it is mostly likely to happen on Tuesday. But the futures market has priced in the chance of a cut at only 50%.
But National Australia Bank says due to better economic data cash rate cut will not happen until August

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