Reserve Bank of Australia lifts cash rate, signals more increases ahead - Interest.co.nz

Reserve Bank of Australia increases cash rate target by 25 basis points to 35 basis points, its first rate hike since 2010

The Reserve Bank of Australia (RBA) has increased its cash rate target by 25 basis points, to 35 basis points from 10 basis points, in its first rate increase since 2010.The RBA says now is the right… [+5239 chars]

full article...