FED: Rates won't stay at low levels: Gillard

AAP General News (Australia)
12-11-2009
FED: Rates won't stay at low levels: Gillard

JULIA GILLARD's refused to speculate on another interest rate rise in February after
yesterday's positive jobs figures.

But the Employment minister's once again reminded Australians rates won't stay at what's
been called emergency levels forever.

The improvement in the jobless rate has increased the odds of the Reserve Bank implementing
a fourth consecutive rate rise when it meets in February.

Ms GILLARD's also told ABC TV she'd be delighted if the government's forecast of 6.75
per cent unemployment by the middle of next year proved to be wrong .. but for now they're
sticking with that prediction.

AAP RTV cj/rl/crh

KEYWORD: RATES GILLARD (CANBERRA)

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