AAP General News (Australia)
08-02-2006
Fed: Costello news conference at 1215 in Sydney
Treasurer Peter Costello is about to hold a news conference (1215 AEST) in Sydney to
discuss today's decision by the Reserve Bank to lift official interest rates.
The bank lifted rates by a quarter of a percentage point to six per cent this morning
.. arguing there were continuing inflationary pressures facing the economy.
Rates are now at their highest level since early 2001.
AAP RTV sw/sb/bart
KEYWORD: COSTELLO (CANBERRA)
2006 AAP Information Services Pty Limited (AAP) or its Licensors.
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