RBA Raises Rates by 25 Basis Points
Posted by Greg Michalowski on Tue, 11/06/2007 - 5:31pm in
The RBA raised rates by 25 basis points to 6.75% as expected. AUDUSD at 0.9285. Comments are hawkish on inflation. Few signs of growth slowing. Rise in exchange rates will help contain price pressures.
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