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The Forum > Article Comments > Rate rise scratched - RBA Board on Cup Day, 2005 > Comments

Rate rise scratched - RBA Board on Cup Day, 2005 : Comments

By Henry Thornton, published 1/11/2005

Henry Thornton argues there is unlikely to be a rate rise announced by the Reserve Bank of Australia in November.

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With the value of the Australian dollar hovering around 49 milligrams of gold we are in Inflation territory. We need the RBA to tighten the money supply, not increase interest rates
Posted by Terje, Wednesday, 2 November 2005 10:56:18 PM
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