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The IMF sounds a bit of warning on Australia, saying the RBA may need to continue hiking rates...

The IMF sounds a bit of warning on Australia, saying the RBA may need to continue hiking rates to fight inflation even as slowing world economic growth cuts demand for commodities. The country is also particularly vulnerable to financial tumult as its banks are heavily reliant on overseas funding.
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Comments (2)
  • untrusting investor
    , contributor
    Comments (9964) | Send Message
     
    Well, that sound not very good for the state of overall world financial affairs and will likely put even more downward pressure on world equities and commodities.
    7 Oct 2011, 08:20 AM Reply Like
  • Tack
    , contributor
    Comments (14117) | Send Message
     
    Just more blather from bureaucrats.
    7 Oct 2011, 08:22 AM Reply Like
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