RBA Declares ‘Victory’ Over Inflation in Australia
Aug 15th, 2008 | By Dan Denning | Category: International InvestingLet’s get right to the point and suggest that Reserve Bank of Australia deputy governor Rick Battelino was talking to the banks yesterday and not anyone who lives on planet Earth, or Terra Australis Incognito, where last we heard, inflation was running at 4.5% on a yearly basis.