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RBA keeps rates steady


Wed Apr 11 2007

Investor Weekly --- Page: 3 : 5 April 2007
Original article by Stephen Blaxhall

ABIX Summary
Australian interest rates will remain at 6.25 per cent as per a 3 April 2007 announcement. The decision gives the Reserve Bank of Australia an opportunity to consider raising rates in the near future following positive retail and housing sales. A potential increase in May will depend on forthcoming inflation figures. It would be the fifth interest rates rise since 2005.


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