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Australian Central Bank Raises Interest Rates by 0.25% 
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I haven't seen my friends in so long
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Joined: Tue May 05, 2009 3:29 pm
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I realise that Australia was the only "western" economy that didn't go into recession, but this still seems a little premature?

Daily Telegraph wrote:
Australia unexpectedly raises interest rates

Australia's central bank unexpectedly raised interest rates by a quarter point on Tuesday, the first major economy to increase the cost of borrowing amid signs its recovery from the global slump is gaining momentum.


http://www.telegraph.co.uk/finance/econ ... rates.html

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Tue Oct 06, 2009 2:22 pm
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