The Age --- Page: B3 : 1 April 2008 Original article by Nassim Khadem
LexisNexis Summary
The Reserve Bank of Australia is expected to leave interest rates unchanged in April 2008. The central bank is meeting on 1 April and is expected to leave rates at a 12-year high of 7.25 per cent. Economic data indicate that the economy is beginning to slow. However, the annual inflation rate has remained above four per cent for the second month in a row. Meanwhile, the MYOB survey of small business owners has revealed a pessimistic outlook, with 57 per cent of respondents expecting a recession within three years.
