Blog Source: www.lendingcentral.com
The Reserve Bank of Australia (RBA) raised interest rates as expected on Tuesday, but the bank's fight with inflation in the future will see further tightening. ... Ms Ong said the central bank would lift by 25 basis points to 3.75 per cent at its
Blog Source: www.washingtonexaminer.com
"With the risk of serious economic contraction in Australia now having passed, the board's view is that it is prudent to lessen gradually the degree of monetary stimulus that was in place when the outlook appeared to be much weaker," ... On Monday,
Blog Source: ausfingeek.com
RBA lifts forecasts for economic growth. November 6th, 2009 admin Leave a comment Go to comments. The Reserve Bank of Australia has left its options open for a pause in rate rises in December, economists say. ...
Blog Source: investorcentral.us
That offered the Australian dollar an ever-widening rate premium which helped lift it to $0.9125 AUD= by Friday, from 89 cents at the start of the week and lows of 61 cents this time last year. ... Added to that was the rapid growth of Australia's
Blog Source: www.thebull.com.au
National Australia Bank senior economist Spiros Papadopoulos expects the RBA to lift the overnight cash rate in December, and into early 2010. Earlier this week, the RBA lifted the cash rate by 25 basis points to 3.50 per cent, ... The Reserve Bank
Blog Source: tatianamijalica.wordpress.com
Governor Glenn Stevens said in a statement the decision was based on the recent trends of economic growth, with expansion occurring “for some time”. It comes after Stevens said recently the RBA will now begin moving the official cash rate away ...