RBA Statement on March Interest Rates Increase · Australian Interest Rates Rise Quarter Percent Mar… Lara Bingle & Brendan Fevola Shower Photo · Mystery Surrounds Assault on Man in South Melbourn. [...]
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Australian interest rates probably do have further to rise, but the RBA seems to be in no rush to get them going. The pound has two millstones around its neck – either of which would be a burden, even on its own. [...] Now, Australian interest rates are 4%, increasing the profitability of the domestic currency and hence the attraction of investors. The central bank can boast of such sound public finances, high unemployment measured evolving around 6% [...] After leaving interest rates on hold for February, the Reserve Bank of Australia’s March 2 announcement sees a resumption of the incremental rate rises of late [...] Australian Interest Rates Rise- the Shape of Things to Come for 2010. Published on March 4, 2010 | Print This Post. Seeking to cool a growing economy, the Reserve Bank of Australia has increased interest rates from 3.75% to 4% in a move [...] The Reserve Bank of Australia (RBA) has increased the official cash rate by 1% (or 100 basis points) since November 2007, and banks have pegged home loans at 40 basis points above the official Australian interest rates . [...] It was the Aussie that posted the best performance overnight though, rising to a 10-year high against the euro at A$1.5241, bolstered by expectations of rising Australian interest rates . As for the greenback, it rose 0.5% to 90.43 yen. [...] Mr Kiely was clearly visible in the background as his colleague, Martin Lakos, conducted a live interview with Channel Seven, discussing Australian interest rates . Hitherto just an anonymous suit, Mr Kiely became an internet sensation, [...] On the other side of the globe, policy makers kept Australian interest rates on hold. Traders had been expecting another rate hike to 4% (current rate 3.75%) and in the absence of that were inclined to sell the Aussie dollar. [...] After a series of interest rate hikes in October, November and December, the Reserve Bank of Australia stepped away from monetary policy intervention on Feb. 2, [...] |
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