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View Full Version : Stevens Says RBA Must Be Cautious About Rate Cuts - Bloomberg



NewsWhore
06-04-2009, 01:50 AM
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Stevens Says RBA Must Be Cautious About Rate Cuts (http://news.google.com/news/url?sa=T&ct=us/4-0&fd=R&url=http://www.bloomberg.com/apps/news%3Fpid%3D20601087%26sid%3DaOdwmlGzayOI&cid=1254705101&ei=JFUnSpLtBYWzmQff76CZBw&usg=AFQjCNHJfHs4r-2poWV42Be3_w8F6H5OHA)
Bloomberg
The currency traded at 80.11 US cents as of 1:03 pm in Sydney from 80.08 cents in New York yesterday, when it touched 79.33 cents in the biggest slide since April 20. Investors expect Australia&#39;s overnight cash rate target will be higher in 12 months, ...


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