As widely anticipated - the Reserve Bank has lifted official interest rates for a sixth consecutive month - to curb rampant inflation. The RBA has lifted the cash rate by 25 percentage points.
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Official interest rates hiked again
Governor of the Reserve Bank of Australia Philip Lowe Source: AAP / Mark Baker/AP
As widely anticipated - the Reserve Bank has lifted official interest rates for a sixth consecutive month - to curb rampant inflation. The RBA has lifted the cash rate by 25 percentage points.
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By Peggy Giakoumelos
Source: SBS News
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