Sunday, 15 July 2007

[ProperyInfo.006] Interest Rates stay on hold until after the federal election?

Remember back last week on 3/7 I reported here about an article "Home prices set to surge again?" in Sydney Morning Herald talking about "a strong economy is expected to fuel two more rises over the next 12 months".

In case you are not aware, yesterday I found another article from on 13/7 called "Jobs fall puts rate rise on hold" which claims "latest jobs data should ensure interest rates stay on hold until after the federal election".

Economists seems to be always making conflicting statements all the time depending on what data they are looking at. But we certainly want the interest rates to stay on hold for as long as possible (or even lower!)...

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