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%

55%

Settled as Yes on Sat 12th Dec 2009 5:31am PST

Activity: H$14,192
Predictions: 21
Comments: 0

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 Level 14, Prophet (H$110,239)

Suspended Mon 30th Nov 2009 3:59pm PST : Suspend date reached

Settlement requested Mon 30th Nov 2009 11:34pm PST by

dingoh Level 14, Prophet (H$110,239)

: 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 Level 8, Super-Pro (H$5,388)

: 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

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