Business Services Industry
Market in hands of bankers.(bank interest rates in Australia and United States)(Brief Article)
Australasian Business Intelligence, May, 2005 by Hughes, Duncan
May 01, 2005 (The Age - ABIX via COMTEX)
The US Federal Reserve and the Reserve Bank of Australia (RBA) will make decisions on interest rates in the week starting 2 May 2005. Lower than anticipated inflation figures for the 2005 first quarter could prompt the RBA to leave Australian interest rates on hold. However, the general consensus is that US interest rates will be lifted by 0.25 of a percentage point. St George Bank, Westpac and the ANZ Bank are all scheduled to release their latest profit results during the week. Orica, SingTel and News Corporation are among the other groups due to report during the week.
Publication Date: 2 May 2005
UNITED STATES. FEDERAL RESERVE
BOARD:
RESERVE BANK OF AUSTRALIA:
ST GEORGE...
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