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THE central bank has raised its inflation forecasts for 2008 and warned that interest rates are likely rise further, unless there is a significant slowdown in domestic spending.
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Tags: bank, borrowing, business, domestic, forecasts, interest, interest rate, ock, rates, significant -
Stocks down on RBA forecast
THE stock market was 2 per cent weaker after noon as the Reserve Bank of Australia (RBA) raised its inflation forecasts and warned of more interest rate rises.
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RBA says we're coping well
HOUSEHOLDS may be griping over the latest round of interest rate rises, but the Reserve Bank of Australia (RBA) says we are generally coping well with the rising cost of borrowing.
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Dollar jumps over US90c on rate talk
THE dollar was higher at noon after the Reserve Bank of Australia (RBA) signalled that interest rates might rise further to combat inflation.
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Stocks fall after RBA rate warning
THE share market closed just over 2 per cent lower after the Reserve Bank of Australia (RBA) warned more interest rate rises were inevitable.
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Dollar closes stronger on RBA warning
THE dollar closed firmer today after a hawkish statement from the Reserve Bank of Australia (RBA) suggested further interest rate hikes are in the pipeline.
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