Sunday, May 20, 2012
    
 
 
No Rate Rise in August
 
   
Rates stay on hold for the 3rd consecutive month in spite of rumblings of a rate increase. In its announcement today, the Reserve Bank stated that better than expected inflation figures meant that an increase was not required. Indeed Economists are saying that rates will probably remain stable for some time to come.

 
 
    
 
 
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