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This blog is authored by an old multi-bagger blue chips stock picker uncle from HDB heartland!

"The market is not your mother. It consists of tough men and women who look for ways to take money away from you instead of pouring milk into your mouth." - Dr. Alexander Elder

"For the things we have to learn before we can do them, we learn by doing them." - Aristotle

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Tuesday, 6 October 2009

Australia's central bank raised its key cash rate by 25 basis points to 3.25 percent

Australia's central bank raised its key cash rate by 25 basis points to 3.25 percent on Tuesday, saying it was prudent to gradually take back policy accommodation since the worst danger for the economy had passed.



Soon, Fed Rate will follow to rise and then DOW to follow too?

Posted by Createwealth8888 at 13:13
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