MP3: Reserve, retail banks set to lift rates

03.10.2010

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Reserve, retail banks set to lift rates MP3

A majority of economists is tipping official interest rates to rise when the Reserve Bank meets in October. Many analysts are also expecting the major banks to add an extra rate rise on top of any delivered by the RBA, although the Treasurer, Wayne Swan, has warned them against such a move. Source: abc.net.au

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