capitalspectator.com - 10/6/2009
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Someone had to be first. It turns out that it's Australia. The Reserve Bank of Australia raised its benchmark cash rate by 25 basis points to 3.25%. No longer are rates at a half-century low down under.
"Economic conditions in Australia have been stronger than expected and measures of ...
ft.com - 10/6/2009
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ft.com —
Australia raises rates from 49-year low By Peter
Smith in Sydney and Peter Garnham in London Published:...
October 6 2009 05:53 | Last updated: October 6 2009 10:11 Australia on Tuesday became the first G20 nation to raise interest rates since the onset ...
(more)
Australia raises rates from 49
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“Australia on Tuesday became the first G20 nation to raise interest rates since the peak of the financial crisis, as its central bank increased the official cash rate from 3 per cent to 3.25 per cent.” (FT Alphaville, Economist, EconomPic Data, Capital Spectator)
Paolo Pellegrini out on his ...
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