[Video] Scott Lennon: Australia Cut Rates 50 Basis Points in December

Bloomberg News Video
November 10, 2008

Scott Lennon, partner at PricewaterhouseCoopers LLP, talks with Bloomberg's Paul Gordon from Sydney about the Australian government's fiscal stimulus package aimed at boosting growth in the nation's economy, and outlook for Reserve Bank of Australia monetary policy. Business confidence plunged last month to a record low, suggesting the economy may fall into a recession for the first time since 1991.



ETFs/Stocks :

iShares MSCI Australia Index Fund ETF  EWA  $14.83  -0.72 (-4.63%)

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Sources :

Bloomberg News Video: Lennon Sees RBA Cut Rates 50 Basis Points in December

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