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View Full Version : Australia Holds Key Rate as Household Spending, Currency Surge - Bloomberg



NewsWhore
08-07-2012, 12:00 AM
Australia Holds Key Rate as Household Spending, Currency Surge (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHItkJJzFikFOgySJWuXrI1mKTqbQ&url=http://www.bloomberg.com/news/2012-08-07/australia-holds-key-rate-as-household-spending-currency-surge.html)
Bloomberg
Australia's central bank kept interest rates unchanged today as cuts in May and June help sustain household demand and the local currency's strength contains inflation. Governor Glenn Stevens and his board left the overnight cash-rate target at a 2 1/2 ...

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