By David Olsen · 4 May 2010 · Cashflow
The Reserve Bank has raised interest rates to 4.5%, but is this the last increase of the year? Language in the official statement hints at a possible pause, but what does it really mean?
With the Reserve Bank increasing interest rates to 4.5 percent today, is this the last interest rate increase this year? Language in today’s official statement by Glenn Stevens suggests it might be.
Tags: Australia, Glenn Stevens, Inflation, Interest rate, monetary policy, Reserve Bank