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UK reduces interest rates to 1%
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02-05-2009, 06:59 AM
rowan
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Join Date: Mar 2002
Location: Australia
Posts: 17,393
AU has dropped rates by a total of around 2.5% in the past few months, but we're not quite that low yet.
A 1% term deposit would rock, you may as well just stash money under your mattress.
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