PDA

View Full Version : Australian Rates Rising, yet US and UK falling?


Brendan
31-01-08, 05:08 PM
So I am not to versed in the global economy and how each relates to each other, but how can it be when two massive world economies such as the US, and the UK both drop their rates to fend off a recession.. and Australia is intending to increase their rates to fend one off..

Can anyone explain this to me.. its got me gobsmacked..