Raising (and lowering) the interest rates
The negative nellies who claim that all News Corp titles relentlessly follow the same agenda need look no further than today’s stable to put them right.
Both The Australian and Sydney’s The Daily Telegraph report the poor job figures released yesterday which weakened the value of the dollar.
According to The Australian, the result has “fanned hopes for a cut in official interest rates this year”.
And The Tele’s take? “Chances of another interest rate cut faded yesterday.”
Still, the Tele’s credibility is only weakened marginally today by blaming Wednesday night’s train derailment on an angel.
Dr Mumbo suspects they meant “angle”.
