RBA Optimistic On China 26/03/2008 By: Australasian Investment Review It is also clear that we can forget interest rates around 4% to 5% for the foreseeable future (they will only happen if the economy slumps badly off the back of a slump in China) and we can expect oil prices to continue around their current levels for some time to come.
Mr Stevens said higher demand from Asia is driving price growth and "Higher Chinese demand is not going to go away. So we have to adjust to higher energy prices".
RRS Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held
