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RBA's Ellis: Australia cenbank does not target house prices
Reuters: Financial Services and Real Estate
Wed, 22 Feb 2012
SYDNEY, Feb 23 (Reuters) - Australia's central bank does not use interest rates to target house prices, a senior Reserve Bank of Australia (RBA) official said on Thursday.
An eventual interestrate rise could occur in a relatively benign growth environment, and may happen rather quickly, says PIMCO Unconstrained Bond's Chris Dialynas.