RB puts cash rate up to 2.5%

Jul 13, 2022 | Free, Latest News

13.07.22 (2.06pm) The Monetary Policy Committee of the Reserve Bank has today increased the Official Cash Rate (OCR) to 2.50% with a 50 basis points lift that was widely expected in financial markets. The Committee agreed it remains appropriate to continue to tighten monetary conditions at pace to maintain price stability and support maximum sustainable […]

 


 

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