RBA lifts its cash rate 50 basis points, hints at more increases to come - Interest.co.nz

8/1/2022 12:00:00 AM2 years 9 months ago
Reserve Bank of Australia increases cash rate to 1.85%, sees CPI inflation of 7.75% this year
The Reserve Bank of Australia (RBA) has lifted its cash rate target by 50 basis points to 1.85%, and hinted at more increases to come.The RBA "expects to take further steps in the process of normalis… [+5659 chars]
full article...