US rate move prompts $60bn surge
Story date: 2008-01-23 12:24:00
Added on: 2008-01-23 17:13:22
News.com.au - The futures market, which last week reduced the expectation of the official interest rate rise from 40 per cent to 16 per cent, switched direction sharply, estimating a 46 per cent probability that the bank would raise its 6.75 per cent cash rate to ...
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