Added over 9 years ago

Pressure on rates as inflation inches higher

Speculation is growing that the RBA may increase interest rates again when they meet again in early October.  The TD Securities Melbourne Institute Monthly Inflation Gauge rose by 0.1 per cent in September, following a 0.2 per cent rise in August and a 0.1 per cent rise in July. In the trailing twelve months to September, the Inflation Gauge rose by 3.2 percent, which breaches the RBA 2 to 3% target band. 

Bookmark and Share

Posted by God at 11:45 am 0 Comments

Next: The biggest property sale in Australian history

Previous: RBA keeps interest rate on hold

© My Investment Decision Pty Ltd 2010. Innovation Patent no. 2010101397. Trademark. Powered by Sanscode. Hosted by Crucial.