The central bank of Australia (RBA) release today the meeting minutes that held on 4th March, as the bank decided during this meeting to increase the interest rate with 25 basis points to be 4.5%. Monetary policy makers of the RBA pointed that current monetary policy is suitable for current events during the governmental debt crisis that increased among Europe.

The meeting minutes notified that previous rising in interest rate was in suitable time to face the economic troubles, and avoid any bubbles in asset prices, these steps paralleled with defeating inflation.