Australia's Central Bank Raises Interest Rates by 25 Basis Points to 3.25%

Discussion in 'Economics' started by ASusilovic, Oct 5, 2009.

  1. LOL !!!!! Excellent news. Now, we are 1000 % in recovery status.
  2. S2007S


    Nice, now thats what im talking about. Before bernanke raises any rates he will make sure unemployment is under 5% and gdp is growing at 5%+ by that time of course it will be too late like it always is.

    More asset bubbles are on the way.
  3. I think they are possibly concerned with house prices which have held up far better in Australia than just about anywhere else. Probably the most expensive housing in the world right now.