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ADELAIDE, Feb 1 Asia Pulse - The Reserve Bank of Australia (RBA), the nation's central bank, was not likely to change interest rates when it meets today, BankSA said.
BankSA general manager Chris Ward said a combination of softening housing data and uncertain global economies would keep interest rates unchanged, despite some signs of rising inflation.
"The Consumer Price Index for the December 2004 quarter was higher than initial market expectations," Mr Ward said.
"This would usually increase the likelihood of a rise in official interest rates, however annual inflation currently remains within the RBA's two to three per cent band.
"In ...