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INTEREST RATE RISE UNLIKELY IN AUSTRALIA THIS MONTH.
Publication: AsiaPulse News Publication Date: 31-OCT-05 |
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COPYRIGHT 2005 Asia Pulse Pty Ltd
CANBERRA, Oct 31 Asia Pulse - Members of the Reserve Bank board are set to discard an interest rate rise and focus their attention on the Melbourne Cup form guide when they meet tomorrow.
Despite inflation hitting the top of the bank's two per cent to three per cent range, the board is expected to devote plenty of discussion to the merits of Makybe Diva and her chances of a record third Melbourne Cup.
New figures out today appeared to put to bed any chance...
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