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Home > 7.30 > RBA delivers on predicted interest rate rise as it battles inflation
Podcast: 7.30
Episode:

RBA delivers on predicted interest rate rise as it battles inflation

Category: News & Politics
Duration: 00:02:18
Publish Date: 2022-07-05 09:56:07
Description: The Reserve Bank of Australia has lifted the cash rate by another 0.5 percentage points. That means the rate will be 1.35 per cent, up from 0.85 per cent last month. It is the second consecutive month of rate rises of that magnitude, marking one of the sharpest interest rate increases since the early 1990s.
Total Play: 0

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