Bank props must go
Posted by admin on August 4th, 2009 filed in UncategorizedThis morning’s Reserve Bank board meeting will likely figure that it has pushed interest rates as low as they should go.
As well as flagging higher official interest rates in 2010, Reserve Bank of Australia governor Glenn Stevens is now pushing for a quicker exit from the emergency government guarantees for bank wholesale borrowing and deposits.
theaustralian.news.com.au
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