MONEY AND INTEREST RATES
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MONEY AND INTEREST RATES The Reserve Bank of Australia raised its official interest rate by 25 basis points, to 6.25%. In the year to June broad-money growth was steady at 7.5% in Australia; in the same period, it slowed to 5.4% in the euro area.
This article appeared in the Economic & financial indicators section of the print edition under the headline “MONEY AND INTEREST RATES”
From the August 5th 2000 edition
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