Rate Decision From FOMC Tonight
Reserve Bank of Australia (RBA) kept its policy interest rate, the cash rate, unchanged. Governor Stevens mentioned short term risks for high inflation due to the high global oil prices, but also that demand has been restrained due to tighter financial conditions, increasing fuel costs, and lower asset values. The…
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on Tuesday, August 5th, 2008 at 7:18 am and is filed under Forex Rates.
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