European Central Bank Executive Board member Juergen Stark said the bank will raise interest rates and withdraw other emergency measures at an appropriate pace.
BusinessWeek.com — Finance
Australia’s mortgage rates are at appropriate levels for the economy and access to home loans is “adequate,” Reserve Bank of Australia Governor Glenn Stevens said in testimony to a Senate inquiry into bank competition.
BusinessWeek.com — Finance
Australian central bank Governor Glenn Stevens reinforced investors’ view that the nations’ benchmark interest rate is appropriate in the near term, as a stronger local dollar helps contain inflation.
BusinessWeek.com — Finance