The Australian Financial Review --- Page: 9 : 8 February 2007 Original article by Adrian Rollins
ABIX Summary
The Reserve Bank of Australia has left interest rates unadjusted for the near future. Signs that inflationary pressures have peaked and that the Australian economy is beginning to slow are believed to have contributed to the central bank's early February 2007 decision to leave the official cash rate at 6.25 per cent. There is growing speculation that rates may remain on hold for the rest of the year, which could help support the Australian Government's economic credentials as it heads into the upcoming general election.
