First RBA rate hike in 11+ years

May 3, 2022 | Economy, Money Market

3.5.22 Responding to emerging inflation, the Reserve Bank of Australia has decided to lift the official cash rate by 25 basis points to 35 basis points, or 0.35 per cent. This was the first increase in Australian interest rates in 11 ½ years. The RBA decided to hike rates on the back of surging inflation […]

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First RBA rate hike in 11+ years

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