Credit crunch expected to ease

December 13th, 2007 | Category: Credit Report

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Australian interest rate is likely to be peak at 7 % early next year with central bank involvement expected to ease global credit crunch.
Global credit market was nearly frozen in the last few weeks with

banks refusing to lend money to each other considering of the worries where the credit crunch is going to hit after US.

Via NEWS.com.au

Orginal post by Guy with Good credit report

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