RBA raises rates as inflation challenge persists

The RBA’s target for inflation is 2.5% while year-ended headline inflation was 3.6% and underlying inflation was 3.4%.
RBA raises rates as inflation challenge persists
By Andrew Tjaardstra
2 days ago
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The Reserve Bank of Australia (RBA)’s board decided to raise Australia's cash interest rate by 25 basis points to 3.85% on February 3.

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