RBA Governor Says Home Owners Should Brace For Further Interest Rate Increases

February 19th, 2010 | Tags: , , , ,

Reserve Bank of Australia (RBA) governor Glenn Stevens says that Australian mortgage holders should brace themselves for further interest rate increases during the year, although the pace of increases will be largely moderated by the way retail lenders react. Mr. Stevens made his comments during one of his bi-annual question sessions in front of the House of Representatives economic committee in Canberra

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RBA Governor Says Home Owners Should Brace For Further Interest Rate Increases

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