Net worth: H$1,000
Guest:Cash: hd$1,000   Predictions: hd$0
You currently have hd$1,000 (Hubdub dollars), Hubdub's virtual currency, to stake on your predictions. Your predictions are currently worth hd$0
Home
Leaderboards
Forums
PoliticsSportEntertainmentWorldBusinessTechnologyScienceGeneral

Australian Interest Rates - Up again in December?

Settled as Yes

"The Reserve Bank of Australia (RBA)on Tuesday raised the cash rate for an unprecedented third month in a row, tightening retail spending ahead of the Christmas period.

As expected the central bank raised the cash rate by further 25basis points to 3.75 percent at Tuesday's board meeting. "

http://news.xinhuanet.com/english/2009-12/01/content_12569625.htm

Background:

Background: The Reserve Bank of Australia raised official interest rates on 3 November 2009 to 3.5%. This means that rates have been raised in November and October by the RBA.
Analysts vary in opinion as to whether another rise will occur when the RBA meets in December.

Will the rates be raised again at the December.

Settlement details:As reported by a major mainstream news source.

 
Forecast history %
Yes
45%
No
55%
Settled as Yes on Sat 12th Dec 2009 5:31am PST

Suspend date: Mon 30th Nov 2009 3:59pm PST
Settlement date: Sat 12th Dec 2009 5:31am PST
Prediction cut-off: Predictions on this question after Mon 30th Nov 2009 3:59pm PST have been voided because they were made after the question could be settled

Initial likelihoods: Yes: 40%

Action history:

Created Tue 3rd Nov 2009 2:41am PST by dingoh
Suspended Mon 30th Nov 2009 3:59pm PST : Suspend date reached
Settlement requested Mon 30th Nov 2009 11:34pm PST by dingoh: http://www.abc.net.au/news/stories/2009/12/01/2758650.htm?section=justin
Settlement requested Wed 2nd Dec 2009 4:17pm PST by downunderdave: Should be settled as Yes.
"The Reserve Bank yesterday lifted official interest rates for the third consecutive month to 3.75 percent."
http://www.dynamicbusiness.com/articles/articles-news/rba-plays-scrooge-with-christmas-rate-rise4792.html
Settled as 'Yes' Sat 12th Dec 2009 5:31am PST by bayoubear[Admin]: "The Reserve Bank of Australia (RBA)on Tuesday raised the cash rate for an unprecedented third month in a row, tightening retail spending ahead of the Christmas period.

As expected the central bank raised the cash rate by further 25basis points to 3.75 percent at Tuesday's board meeting. "

http://news.xinhuanet.com/english/2009-12/01/content_12569625.htm

Suspend date: Mon 30th Nov 2009 3:59pm PST
Settlement date: Sat 12th Dec 2009 5:31am PST
Prediction cut-off: Predictions on this question after Mon 30th Nov 2009 3:59pm PST have been voided because they were made after the question could be settled details

 

Predictions (21)

16 weeks ago
tuff_sledding[Power User] predicted No (H$300 at 55%)
16 weeks ago
dingoh predicted No (H$1,000 at 53%)
17 weeks ago
dingoh predicted No (H$1,500 at 60%)
18 weeks ago
downunderdave predicted Yes (H$100 at 46%)
18 weeks ago
dingoh predicted No (H$505 at 53%)

Comments (0)

No comments yet

Please log in or join to add a comment

Stake virtual dollars on the outcomes of real news stories! Win more if you're right and climb the leaderboards Learn more...

Name
Email
New password
By joining you are agreeing to our terms of service

Related Tags