Australia Tightens Monetary Policy: Which Emerging Market Is Next? [View article]
This is their second increase coming out of the great recession. There are certain disclocations in their economy, however, with decent employment and solid growth in industrials, while consumer led companies are reporting mixed results; home building and retail were both down in February. Prices increased .5% in February, putting the annual rate of price increase well above the 2.1% of the quarter ending in December.
Australia Tightens Monetary Policy: Which Emerging Market Is Next? [View article]