Monday, Aug 11, 2008
The bank is increasingly concerned that the world economy is caught in a vicious cycle that could bring an end to the commodities boom.
australian: Rates for cut as growth slows
Any further deterioration in the outlook for global growth would represent a significant downside risk to the domestic activity profile, particularly if it led to a marked slowing in growth in China and India," the bank said in its quarterly review of the economy.
Posted by big chris @ 09:18 PM (162 views) Add Comment
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