As expected, the Reserve Bank of Australia (RBA) lifted the cash rate target by 50 basis points to 1.35% at today’s board meeting.
This marks the third month in a row that the RBA has hiked rates, with further increases expected over the course of this year as the central bank seeks to contain rising inflation.
Regards,
Declan Hanratty
0409 089 456

3/178b Gooch Street
THORNBURY VIC 3071

Australian Credit Licence No. 383120
383120

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