RBA raises Australian cash rate 25 BPS, says inflation near target
Wed, March 3 2010 10:05 | 540 Views
The Reserve Bank of Australia (RBA) raised the cash rate to 4.00 per cent, the highest since February 2009, from 3.75 per cent after its board meeting on Tuesday.
RBA governor Glenn Stevens said the labour market data and a range of business surveys suggested growth in the economy may have already been at, or close to, trend for a few months.
Source:
Business in Asia Today - March.3, 2010
published by Asia Pulse
Editor: Ricka
COPYRIGHT © 2012
Consumers must be protected from poor performance of transportation
The National Consumer Protection Agency (BPKN) has called for protecting consumers from poorly performing road ...
Xi backs expanding US-China military ties
China`s leader-in-waiting Xi Jinping and US defense chiefs agreed on the need for expanding military relations between ...
RI`s Uber Cup team wins first victory
Indonesia's women`s team chalked up their first victory in the Uber Cup Asian zone qualifying rounds after outclassing ...
- Copyright © 2012