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AUSTRALIAN PM WARNS OF NEW RATE RISES.
SYDNEY, June 3 Asia Pulse - Australian borrowers should expect to see more interest rate rises this year, said Prime Minister John Howard, although he also warned the Reserve Bank not to go too far.
The Reserve Bank meets tomorrow to consider raising rates for the second time in two months with most economists now tipping a quarter of a percentage point hike after comments by RBA governor Ian Macfarlane.
Mr Macfarlane flagged interest rate rises of up to two per cent on Friday to stop the economy from over-heating and prevent inflation from strong economic growth getting out of hand.
The prime minister said while rate rises should be expected because of the overall wellbeing of ...
- FURTHER INTEREST RATE RISES LIKELY: RESERVE BANK OF AUSTRALIA.
- News wire article from: AsiaPulse News November 17, 2009 700+ words
SYDNEY, Nov 17 Asia Pulse - The Reserve Bank of Australia (RBA) says further interest rate rises are "most likely appropriate", but the pace at which its adjustments will be made remains open. The central bank on November...
- EXPECT MORE INTEREST RATE RISES: RESERVE BANK OF AUSTRALIA.
- News wire article from: AsiaPulse News February 11, 2008 700+ words
SYDNEY, Feb 11 Asia Pulse - The latest warning from the Reserve Bank of Australia (RBA) is as blunt as anyone could expect from a central bank. Interest rates will rise further unless the economic...
- FUTURE RATE RISES WILL BE SMALL: AUSTRALIA RESERVE BANK.
- News wire article from: AsiaPulse News November 3, 2009 700+ words
SYDNEY, Nov 3 Asia Pulse - The Reserve Bank of Australia (RBA) has confirmed expectations of a small...it is consistent with the expectation of further interest rate rises, if only because - as the minutes of the previous meeting...
- Australian Reserve Bank hints at further rate rises
- News wire article from: Xinhua News Agency October 14, 2009 700+ words
Australian Reserve Bank hints at further rate rises CANBERRA, Oct. 15 (Xinhua) -- Australia's Reserve Bank Governor Glenn Stevens on Thursday hinted at further rate rises as the economy recovered. "If...
- AUSTRALIA RESERVE BANK LEAVES OPTION OPEN FOR PAUSE IN RATE RISES.
- News wire article from: AsiaPulse News November 6, 2009 700+ words
...Nov 6 Asia Pulse - The Reserve Bank of Australia (RBA) has...options open for a pause in rate rises in December, following a...historically low and pointed to the Reserve Bank's analysis that Australia...gradual" was that the Reserve Bank could pause in December and...
- RESERVE BANK OF AUSTRALIA URGED TO BE CAREFUL WITH RATE RISES.
- News wire article from: AsiaPulse News June 4, 2002 700+ words
CANBERRA, June 4 Asia Pulse - The Reserve Bank of Australia (RBA) has been urged...past rate hikes. "We believe that the Reserve Bank board should collectively take a deep...neutral. "That, in the context of the Reserve Bank official cash rate, would be between...
- GREENSPAN STRESSES THE NEED FOR US INTEREST RATE RISES.
- News wire article from: AsiaPulse News January 14, 2000 700+ words
...taken the first steps towards increased interest rate rises in the United States, economists said today. In...rate rise also puts weight on calls for a local rate rises. The Reserve Bank of Australia board meets on February 1 amid widely...
- FLAT RETAIL TRADE MAY SIGNAL NO FURTHER RATE RISES IN AUSTRALIA.
- News wire article from: AsiaPulse News April 4, 2008 700+ words
...an annualised basis, compared with a breakneck 9.8 per cent pace six months earlier. Official interest rate rises by the Reserve Bank of Australia (RBA) in August and November last year and in early February this year are obviously to blame...