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Bank chief’s parting shot at PM on rates

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THE outgoing Reserve Bank governor has revealed his annoyance atthe Howard Government’s election campaign promise to keep interestrates low – a pledge that he says was ‘not plausible’. – (Sydney Morning Herald — 10 hours ago)
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The economy is now running at full capacity, so interest rates haveonly one way to go: up. That was the cheery farewell from ReserveBank governor Ian Macfarlane yesterday, his final testimony to aparliamentary committee before stepping down next month. – (The Age — 11 hours ago)
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Bank chief’s parting shot at PM on rates
Bank chief’s parting shot at PM on rates

Reserve Bank governor Ian Macfarlane warns homeowners another raterise is coming, while telling governments to do their bit to keepinflation at bay. – (Sydney Morning Herald — 18 hours ago)
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THE Chinese and Australian central bank governors were consultingclosely about relaxing Chinese currency controls because of their’amazing’ shared currency experiences, Ian Macfarlane, the ReserveBank governor, said on Friday. – (Sydney Morning Herald — 11 hours ago)
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Treasurer Peter Costello opens the door for new blood at the toplevels of the Reserve Bank. – (The Age — 16 August, 2006)
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Reserve Bank of Australia (RBA) governor Ian Macfarlane says it’smore likely that interest rates will rise rather than fall in themonths ahead. – (The Age — 23 hours ago)
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THE parting message from Ian Macfarlane, soon to retire as governorof the Reserve Bank, is crystal clear. – (Sydney Morning Herald — 11 hours ago)
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