RBA edges rates up, saying Australia is resilient

Jul 5, 2022 | Economy, Latest News, Money Market

Reserve Bank of Australia, Sydney 5.7.22 The Reserve Bank (RBA) raised the official cash rate by 50 basis points or 0.5 per cent for a second straight month, .This takes the cash rate to 1.35 per cent as widely expected by the market, notyed CommSec. RBA Governor Philip Lowe said, “Global inflation is high. It […]

 


 

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