RBA raises cash rate to 15-year high

🇦🇺 The Sydney Morning Herald (AU) —
RBA raises cash rate to 15-year high

AI Summary

Australia’s Reserve Bank raised the official cash rate to 4.6 per cent, its highest level since 2011. The increase tightens monetary conditions and may affect borrowing costs and market activity.

The Reserve Bank has hiked the official cash rate to 4.6 per cent, the highest level since 2011.

Politics Markets Australia Reserve Bank interest rates cash rate monetary policy

Read original source →