Economists at ANZ and AMP Capital are among those predicting the cash rate will be cut by 25 basis points to 1.25 per cent tomorrow, after the weak inflation data.

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The Reserve Bank has just cut interest rates to a record low.. The ancient practice of meditation is being taught in some schools and experts say, it can have a big effect on kids’ mental.

Don’t expect rate cut tomorrow, status quo more likely: Rajnish Kumar, ED, SBI With balance sheets of corporate being over leveraged, even if the rate is brought down by say 50 bps, it is a debatable whether credit growth will pick up as a result of that action.

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With that action, Congress required a mandatory 10 percent federal budget cut through 2021. The U.S. debt-to-GDP ratio is 106 percent, a level that is not sustainable as interest rates rise. It will increase the interest payments on the debt. It’s above the 77 percent tipping point recommended by the International Monetary Fund.

Consolidating all of your high interest loans into one well thought out debt consolidation loan at a very good rate could save you tons on the amount of interest you’re charged on your debts month after month. When it’s time to write checks for your debt, you’ll be writing smaller dollar figures. That’s always a good thing.

The Reserve Bank’s decision to cut its official interest rate to a record low is good news for housing affordability, but will not do much to drive a recovery in Perth or the state’s flagging.