The Australian Financial Review --- Page: 6 : 5 March 2007 Original article by Adrian Rollins
ABIX Summary
Interest rates are expected to remain steady at 6.25 per cent when the Reserve Bank of Australia (RBA) board meets on 6 March 2007. This should occur despite a rise in petrol prices and indications of an increase in economic growth. However, the RBA board will monitor economic pressures including the possible impacts of a wage rise in consideration of the tight labour market. National accounts figures for the December quarter are due to be released on 7 March. This period recorded a current account deficit of $A15.1bn, the worst such figure on record.
