Economic News
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Australia central bank sees moderating inflationary pressures ...
13 Nov 2006
source:
iii.co.uk
SYDNEY (XFN-ASIA) - The Reserve Bank of Australia said it expects inflationary pressures to remain in the economy although it expects its monetary policy to counteract such pressures. In a quarterly statement, the RBA said looking ahead, and taking into account the likely effects of the changes to monetary policy this year, its assessment is that domestic demand can be expected to record moderate ... |
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China should hike interest rates further to curb credit growth - report ...
12 Nov 2006
source:
iii.co.uk
BEIJING (XFN-ASIA) - China should continue to slowly increase interest rates to control credit growth, reported the Chinese-language portal sina.com in a live web broadcast, citing a government researcher. "Personally, I think (China) should continue to hike interest rate (one small step at a time)," Chen Dongqi, deputy head of the Academy of Macroeconomic Research at the National Devel ... |
