Monday, November 1, 2010

CAR touring itching. A call to shutdown timing

By Enda Curran

The minutes of the meetings of the October Australia Reserve Bank clearly spell out that political decision-makers are itching to tighten rates, the only issue is at this time.

The Central Bank, explained his decision to stand pat this month is "finely balanced" and it cannot wait "indefinitely" to see if global risks materialize before hiking.

The message is clear from the minutes that the new information before the meeting of November of the Bank, third quarter consumer price index data on October 27, might be enough to push the line.

Comments on the strength of the Australian dollar, said IDB will help to contain inflation are also of the note.Peu is new, but this show that Africa is comfortable with force in the Australian dollar.

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