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View Full Version : Australia's Stevens Focuses on Inflation as Rate Cuts Near End - Bloomberg



NewsWhore
05-05-2009, 01:10 PM
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Australia&#39;s Stevens Focuses on Inflation as Rate Cuts Near End (http://news.google.com/news/url?sa=T&ct=us/2-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601081%26sid%3DazxXvrWzNuSM%26refer%3Daustralia&cid=1345187997&ei=8nQASrWgLZvW7APk1On0Bw&usg=AFQjCNFmUUjdYHYg_L4CA9Aavt06dM6ceQ)
Bloomberg - Jacob Greber (http://news.google.com/news?svnum=10&as_scoring=n&tab=wn&as_drrb=q&as_qdr=&as_mind=11&as_minm=7&as_maxd=10&as_maxm=8&q=author:%22Jacob Greber%22&hl=en&ned=us&ie=ISO-8859-1)
The currency traded at 73.96 US cents at 5:04 pm in Sydney yesterday, 25 percent below its 25-year high of 98.50 cents on July 15 last year. The weaker currency is keeping upward pressure on the cost of imported goods and services such as gasoline and ...


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