Savers beware: some analysts think that when interest rates fall, banks will try to cut rates on savings accounts by more than the RBA’s reductions. Savers beware: some analysts think that when interest rates fall, banks will try to cut rates on savings accounts by more than the RBA’s reductions. Business / Banking & finance Sydney Morning Herald – Latest News
Would banks use Reserve Bank rate cuts to claw back a bit extra from savers?
