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  • Australia Should Continue to Raise Key Interest Rate, OECD Says

    Nov 19th, 2009 - Bloomberg

    Nov. 20 (Bloomberg) -- Australia’s central bank shouldcontinue to lead the world in raising interest rates as itseconomic growth outpaces most other countries, the Organizationfor Economic Cooperation and Development said.

  • Australia's Central Bank Says Pace of Rate Gains Remains `Open Question'

    Nov 16th, 2009 - Bloomberg

    Australia's Central Bank Says Pace of Rate Gains Remains `Open Question'Nov. 17 (Bloomberg) -- Australia’s central bank says thepace of interest-rate increases is an “open question” as itbalances the risk of keeping borrowing costs too low against aneconomy that may cool as government stimulus abates.

  • Dollar Falls After Australia Unexpectedly Raises Interest Rates

    Oct 6th, 2009 - Bloomberg

    Oct. 6 (Bloomberg) -- The dollar declined to its weakestlevel in almost two weeks versus the euro after Australia’scentral bank unexpectedly raised interest rates on signs ofeconomic strength...

  • Australia raises interest rate to 3.25 percent

    Oct 6th, 2009 - Houston Chronicle

    SYDNEY — Australia's central bank unexpectedly raised interest rates by a quarter point Tuesday, the first major economy to increase the cost of borrowing amid signs its recovery from the global slump is gaining momentum.

  • Asian Shares End Up; RBA First G-20 Ctrl Bank To Hike Rates

    Oct 6th, 2009 - Wall Street Journal

    SINGAPORE (Dow Jones)--Asian equity markets overcame another choppy session Tuesday to end mostly higher, with Australian stocks snapping a four-session losing streak despite a surprise rate increase by the central bank.

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