Probably the reason why banks have been reluctant to pass on rate-cuts is because the yield curve has been flat as a pancake. The difference between short-term and long-term rates are near their historical lows.
Invest Without Emotions
Probably the reason why banks have been reluctant to pass on rate-cuts is because the yield curve has been flat as a pancake. The difference between short-term and long-term rates are near their historical lows.