AUSTRALIA'S RESERVE BANK GOVERNOR MACFARLANE SPEAKS TO HOUSE ECONOMICS
COMMITTEE IN SYDNEY.
Reserve Bank Governor Ian Macfarlane speaks to the House Economics
Committee at Sydney University May 31, 2002. Macfarlane said he sided
with increasing interest rates in small steps as he hinted further
rises were in the pipeline, saying it would be dangerous to move too
fast and adding that he still expected inflation to rise next year.