Published by Jamie JemmesonThe Reserve Bank of Australia (RBA) is sure to raise interest rates soon, but it may resist the urge to do so at its December policy meeting, which takes place tomorrow (December 1st).According to the Australian, hopes of a third consecutive month of cuts may be dashed at the December meeting if the group decides to opt for greater flexibility over rates, as RBA governor Glenn Stevens has suggested.In a recent statement, the policymaker said "further gradual adjustment in the cash rate would most likely be appropriate over time, though the pace of the adjustment remained an open question".However, the paper insists that while an interest rate hike tomorrow remains a speculative possibility, there is little doubt the RBA will lift rates from the current 3.5 per cent to 4.25 per cent by March or April and five per cent by the end of 2010.Key data for the Australian dollar due out this week includes monthly building approval figures and the AIG manufacturing and services indices.For more information on foreign exchange treasury services and risk management, visit our Corporate FX site