March 2022 RBA Announcement

The Reserve Bank of Australia (RBA) decided to keep the cash rate on hold at its historic low of 0.10% at the board’s March monetary policy meeting.

The RBA’s last rate hike was more than a decade ago, in November 2010. While the central bank held fire today, there has been rising speculation it might increase rates later this year due to stronger-than-expected economic activity and a spike in inflation.

Regards,

Declan Hanratty

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