-
NAB predict interest rates to hold
- March 10, 2011
- Posted by: admin
- Category: Enconomy, Inflation, Interest rate, Wealth
No CommentsNational Australia Bank has revised its rate forecast for 2011, pushing the first rate rise for the year back to August. The NAB forecast on rate rises has been delayed from May to August, with the final adjustment to 5.25 per cent in November. The risk of an earlier or larger rate adjustment lies with faster
-
Rates on hold
- December 7, 2010
- Posted by: admin
- Category: Finance News
The Reserve Bank of Australia has decided to leave the official cash rate on hold in December. The Board was widely expected to leave the cash rate on hold at 4.75 per cent after lifting it 25 basis points last month. The RBA will be much more focused on wage pressures fuelling inflation rather than