07.10.2009 Opalesque Exclusive: S&P advises emerging market economies to keep fiscal stimuli as Australia breaks away from the pack
By Christine Gaylican, Opalesque Asia:

Credit rating and research group Standard & Poor's (S&P) urged emerging market economies to maintain their existing fiscal stimuli measures so as not to disrupt an anticipated regional recovery.

A day after Australia tightened its monetary policies by raising rates by a quarter point to 3.25% from a 49-year low of 3% (Source), S&P's Asia-Pac

Article source: http://www.moneymanagement.com.au/Article/JPMorgan-less-certain-than-RBA-on-recovery/501052.aspx - Opalesque is not responsible for the content of external internet sites
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