Banks Cunning Tactic to Raise Interest Rates on Friday's

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BPB
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Banks Cunning Tactic to Raise Interest Rates on Friday's

Post by BPB » Sun Mar 26, 2017 11:10 pm

Banks Cunning Tactic to Raise Interest Rates on Friday's
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There is a good reason ANZ and the banks that followed announce interest rate rises on a Friday. It was also at the end of the previous week NAB started the interest rate increases.

The reason is that on a Friday most people are looking forward to the weekend and most companies including media companies are winding down for the week so politics is not on peoples minds like it is early in the week.

How many stories were on the media over the weekend on this? Very few. how many people were discussing the rate rise, very few.

Very smart ANZ.!



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