Your town. Your news. Your take.

Local News: Los Angeles, CA 

 | 

Sign Up

 | 

Sign In

 
Advertisment

Aug 20, 2008

Warning: Swan expects banks to pass on rate cuts l

TREASURER Wayne Swan says he expects all the major banks to pass on any interest rate cut by the central bank, after National Australia Bank today guaranteed it would lower its rates.

Read full story from News.com.au

Leave a Comment

Comments

Type in your comments to post to the forum
Name
(appears on your post)
Comments
Type the numbers you see in the image on the right:

Please note by clicking on "Post Comment" you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

Other Recent Banking Discussions
Topic Updated Last By Comments
The Inevitable Collapse of China's Banks (from Jul '07) 4 hr Veritas 251
Investors accuse Citi execs of "suspicious" trades 5 hr Just An Obse... 1
Reports: Citigroup top execs to give up bonuses 5 hr abc 11
School District to Bailout: We Want In 6 hr Greg 15
PFF now U.S. Bank 7 hr Fred 11
BG needed 8 hr Dale 1
Regulators OK plan to stabilize giant Citigroup 9 hr Gomer 39